The present paper tests the widely accepted hypothesis that on-line judgment implies functional independence between memory for, and judgment of, verbal stimuli (e.g., Anderson, 1989; Hastie & Park, 1986). In the present study, participants recalled lists of words, after having assessed each for its pleasantness. Presentation position of a negative item within the lists was manipulated. Also, items memorability was manipulated after their presentation by inserting a filled delay between presentation and the judgment task; in this way, on-line judgment formation was spared. The memory manipulation reduced recall rates for negative items presented in the last position and their negative influence on pleasantness ratings accordingly. These results contradict the predictions of pure on-line approaches to judgment formation (e.g., Betsch, Plessner, Schwieren, & Gütig, 2001) and suggest that even in on-line judgment tasks, memory plays a role.