For planar wave trains in excitable media, we found a novel type of anomalous dispersion distinguished by bistable domains in the dependence of the propagation velocity on the wavelength. Within one medium alternative stable pulse trains can coexist having the same wavelength but different velocities. The phenomenon is related to oscillatory recovery of excitations, which causes small amplitude oscillations in the refractory tail of pulses. Crucial for the bistability is that the pulses in the trains are locked into one oscillation maximum in the tail of the preceding pulse in the train.