The influence of synaptic channel properties on the stability of delayed ac
tivity maintained by recurrent neural networks is studied. The duration of
excitatory post-synaptic current (EPSC) is shown to be essential for the gl
obal stability of the delayed response. The NMDA receptor channel is a much
more reliable mediator of the reverberating activity than the AMPA recepto
r, due to a longer EPSC. This allows one to interpret the deterioration of
the working memory observed in NMDA channel blockade experiments. The key m
echanism leading to the decay of the delayed activity originates in the unr
eliability of synaptic transmission. The optimum fluctuation of the synapti
c currents leading to the decay is identified. The decay time is calculated
analytically and the result is confirmed computationally.