424B3 1 f424b3_080706-broadband.txt PROSPECTUS SUPPLEMENT PROSPECTUS SUPPLEMENT REGISTRATION NO. 333-31226 (To Prospectus dated February 17, 2006) Filed Pursuant to Rule 424(b)(3) [HOLDRS BROADBAND LOGO] 1,000,000,000 Depositary Receipts Broadband HOLDRS (SM) Trust This prospectus supplement supplements information contained in the prospectus dated February 17, 2006 relating to the sale of up to 1,000,000,000 depositary receipts by the Broadband HOLDRS (SM) Trust. The share amounts specified in the table in the "Highlights of Broadband HOLDRS" section of the base prospectus shall be replaced with the following:
Primary Share Trading Name of Company(1) Ticker Amounts Market ---------------------------------------------- ------ ------- ------ Agere Systems Inc. AGR .798493151 NYSE Applied Micro Circuits Corporation AMCC 2 NASDAQ Broadcom Corporation BRCM 3 NASDAQ Ciena Corporation CIEN 2 NASDAQ Comverse Technology, Inc. CMVT 2 NASDAQ Conexant Systems, Inc. CNXT 2 NASDAQ Corning, Inc. GLW 9 NYSE Freescale Semiconductor Class B FSLB 1.98747 NASDAQ JDS Uniphase Corporation JDSU 11.8 NASDAQ Lucent Technologies, Inc. LU 29 NYSE Motorola, Inc. MOT 18 NYSE Mindspeed Technologies MSPD 0.6667 NASDAQ Nortel Networks Corporation NT 28 NYSE PMC-Sierra, Inc. PMCS 1 NASDAQ Qualcomm Incorporated QCOM 16 NASDAQ RF Micro Devices, Inc. RFMD 2 NASDAQ Skyworks Solutions, Inc. SWKS 0.702 NASDAQ Sycamore Networks, Inc. SCMR 3 NASDAQ Tellabs, Inc. TLAB 4 NASDAQ Tut Systems TUTS 0.0326432 NASDAQ
---------------------- (1) Effective April 4, 2006, Terayon Communication System Inc. (NASDAQ Ticker "TERNE") a component of the Broadband HOLDRS Trust, was delisted from trading on NASDAQ. As set forth in the prospectus for the Trust, because Terayon Communication System was not listed for trading on another national securities exchange, or through NASDAQ, within five business days from the date of delisting, it was distributed by The Bank of New York at a rate of was 0.02 Terayon Communication System Inc. shares per Broadband HOLDRS on April 19, 2006. 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 June 30, 2006.