424B3 1 f424b3_102803-internet.txt FORM 424(B)(3) - PROSPECTUS SUPPLEMENT PROSPECTUS SUPPLEMENT Filed Pursuant to Rule No. 424(b)(3) (To Prospectus dated July 3, 2003) REGISTRATION NO. 333-78575 [LOGO OMITTED] 1,000,000,000 Depositary Receipts Internet HOLDRS (SM) Trust This prospectus supplement supplements information contained in the prospectus dated July 3, 2003 relating to the sale of up to 1,000,000,000 depositary receipts by the Internet HOLDRS (SM) Trust. The share amounts specified in the table on page 12 of the base prospectus shall be replaced with the following: Primary Share Trading Name of Company Ticker Amounts Market -------------------------------------- ----------- --------------- ------------- Amazon.com, Inc. AMZN 18 NASDAQ Ameritrade Holding Corporation AMTD 9 NASDAQ CMGI Inc. CMGI 10 NASDAQ CNET Networks, Inc. CNET 4 NASDAQ DoubleClick Inc. DCLK 4 NASDAQ EarthLink, Inc. ELNK 6.23 NASDAQ eBay Inc.(1) EBAY 24 NASDAQ E*TRADE Financial Corporation ET 12 NYSE Network Associates, Inc. NET 7 NASDAQ Priceline.com Incorporated PCLN 1.167 NASDAQ RealNetworks, Inc. RNWK 8 NASDAQ Time Warner Inc. TWX 42 NYSE Yahoo! Inc. YHOO 26 NASDAQ ---------------------- (1) eBay Inc. announced a two-for-one stock split on its common stock payable to shareholders of record as of August 4, 2003. eBay began trading on a split-adjusted basis on August 29, 2003. As of September 4, 2003, the share amount of eBay represented by a round lot of 100 Internet HOLDRS is 24. The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions. The date of this prospectus supplement is September 30, 2003.