Dicke (1978) has argued that the phase of the solar cycle appears to b
e coupled to an internal clock: shorter cycles are usually followed by
longer ones, as if the Sun remembers the correct phase. The data set
is really too short to demonstrate the presence of a phase memory, but
phase and amplitude of the cycle are strongly correlated for 300 yr o
r more. It is shown that this memory effect can be explained by mean f
ield theory in terms of fluctuations in alpha, which induce coherent c
hanges in the frequency and amplitude of a dynamo wave. It is conclude
d that there is neither a strong observational indication nor a theore
tical need for an extra timing device, in addition to the one provided
by dynamo wave physics.