424B3 1 f424b3_013105-internet.txt PROSPECTUS SUPPLEMENT PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE NO. 424(b)(3) (To Prospectus dated October 25, 2004) REGISTRATION NO. 333-78575 [INTERNET HOLDRS (SM) TRUST LOGO OMITTED] 1,000,000,000 Depositary Receipts Internet HOLDRS (SM) Trust This prospectus supplement supplements information contained in the prospectus dated October 25, 2004 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 in the "Highlights of Internet HOLDRS" section of the base prospectus shall be replaced with the following:
Share Primary Name of Company Ticker Amounts Trading 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. EBAY 24 NASDAQ E*TRADE Financial Corporation ET 12 NYSE McAffee Inc. MFE 7 NYSE Priceline.com Incorporated PCLN 1.167 NASDAQ RealNetworks, Inc. RNWK 8 NASDAQ Time Warner Inc. TWX 42 NYSE Yahoo! Inc. YHOO 52 NASDAQ
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 December 31, 2004.