424B3 1 f424b3_110707-semiconductor.htm
PROSPECTUS SUPPLEMENT
REGISTRATION NO. 333-33362
(To Prospectus dated August 15, 2007)
Filed Pursuant to Rule 424(b)(3)
 
 
 
 
 
1,000,000,000 Depositary Receipts
Semiconductor HOLDRS (SM) Trust

This prospectus supplement supplements information contained in the prospectus dated August 15, 2007 relating to the sale of up to 1,000,000,000 depositary receipts by the Semiconductor HOLDRS (SM) Trust.
 
The share amounts specified in the table in the “Highlights of Semiconductor HOLDRS” section of the base prospectus shall be replaced with the following:
 
Name of Company
 
Ticker
 
Share Amounts
 
Primary
Trading Market
Advanced Micro Devices, Inc.
 
AMD
 
4
 
NYSE
Altera Corporation
 
ALTR
 
6
 
NASDAQ
Amkor Technology, Inc.
 
AMKR
 
2
 
NASDAQ
Analog Devices, Inc.
 
ADI
 
6
 
NYSE
Applied Materials, Inc.
 
AMAT
 
26
 
NASDAQ
Atmel Corporation
 
ATML
 
8
 
NASDAQ
Broadcom Corporation
 
BRCM
 
3
 
NASDAQ
Intel Corporation
 
INTC
 
30
 
NASDAQ
KLA-Tencor Corporation
 
KLAC
 
3
 
NASDAQ
Linear Technology Corporation
 
LLTC
 
5
 
NASDAQ
LSI Corporation(1)
 
LSI
 
5
 
NYSE
Maxim Integrated Products, Inc.(2)
 
MXIM
 
5
 
NASDAQ
Micron Technology, Inc.
 
MU
 
9
 
NYSE
National Semiconductor Corporation
 
NSM
 
6
 
NYSE
Novellus Systems, Inc.
 
NVLS
 
2
 
NASDAQ
SanDisk Corporation
 
SNDK
 
2
 
NASDAQ
Teradyne, Inc.
 
TER
 
3
 
NYSE
Texas Instruments, Inc.
 
TXN
 
22
 
NYSE
Xilinx, Inc.
 
XLNX
 
5
 
NASDAQ
 
 
(1) Effective April 6, 2007, LSI Logic Corporation (NYSE ticker “LSI”), an underlying constituent of the  Semiconductor HOLDRS Trust, changed its name to LSI Corporation.
 
(2) Effective October 2, 2007, Maxim Integrated Products, Inc. (NASDAQ ticker “MXIM”),  an underlying  constituent of the Semiconductor HOLDRS Trust, was delisted from trading on NASDAQ. In  accordance with the prospectus for the Trust, Maxim Integrated Products, Inc. was distributed by The Bank  of New York as it was not listed for trading on another national securities exchange, or through NASDAQ,  within five business days from the date it was delisted. The rate of distribution was 0.05 Maxim  Integrated Products, Inc. shares per Semiconductor HOLDRS.

 
 
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, 2007.