This article throws new light on the possible role of synapses in information transmission through theoretical analysis and computer simulations. We show that the internal dynamic state of a synapse may serve as a transient memory buffer that stores information about the most recent segment of the spike train that was previously sent to this synapse. This information is transmitted to the postsynaptic neuron through the amplitudes of the postsynaptic response for the next few spikes. In fact, we show that most of this information about the preceding spike train is already contained in the postsynaptic response for just two additional spikes. It is demonstrated that the postsynaptic neuron receives simultaneously information about the speci