PROSPECTUS SUPPLEMENT NO. 3
(To Prospectus dated September 22, 1999)
[LOGO]
1,000,000,000 Depositary Receipts
Internet HOLDRsSM Trust
This prospectus supplement amends and supplements certain information contained
in the accompanying prospectus dated September 22, 1999 relating to the sale of
up to 1,000,000,000 depositary receipts by Internet HOLDRsSM Trust.
The share amounts specified in the table on page 8 of the accompanying
prospectus shall be replaced with the following:
Primary
Trading
Name of Company Ticker Share Amounts Market
--------------- ------ ------------- ------
America Online Inc. AOL 42* NYSE
Yahoo Inc. YHOO 26* NASDAQ
Amazon.com Inc. AMZN 18 NASDAQ
eBay Inc. EBAY 6 NASDAQ
At Home Corporation ATHM 17 NASDAQ
Priceline.com Inc. PCLN 7 NASDAQ
CMGI Inc. CMGI 10* NASDAQ
Inktomi Corporation INKT 6* NASDAQ
RealNetworks, Inc. RNWK 8* NASDAQ
Exodus Communications, Inc. EXDS 8* NASDAQ
E*TRADE Group Inc. EGRP 12 NASDAQ
DoubleClick Inc. DCLK 4* NASDAQ
Ameritrade Holding Corporation AMTD 9 NASDAQ
Lycos, Inc. LCOS 4 NASDAQ
CNET, Inc. CNET 4 NASDAQ
PSINet Inc. PSIX 6* NASDAQ
Network Associates, Inc. NETA 7 NASDAQ
EarthLink, Inc.(1) ELNK 6.23 NASDAQ
Go2Net, Inc. GNET 1 NASDAQ
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* Reflects adjustment for previous stock split.
(1) As a result of the merger between EarthLink Network, Inc. and Mindspring
Enterprises, Inc., 6.23 shares of the combined company, EarthLink, Inc.,
are represented by a round lot of 100 Internet HOLDRs.
The stock prices in the tables set forth in Annex A of the accompanying
prospectus have not been, and will not be, adjusted to account for any stock
splits.
The date of this prospectus supplement is February 29, 2000.
