Besides many dispersed fragments related to theory of sleep, dreams and their interpretation, Babylonian Talmud contains a long passage dealing with those issues, which includes also several series of dream-interpretations. The passage is often referred to as „Rabbinic dream-book” in specialized scholarly literature. The present article analyses contain and compositional patterns of the text and indicates the presence of mutually exclusive theories of dreams and their interpretation, as well as typically Talmudic methods of organization such as association and agglutination. Since the final composition does not communicate any uniform statement, we claim it incorrect to call the text „Rabbinic dream-book” and suggest it is not more than a mere agglutination of pre-existing textual fragments.