FORM 8-A/A

                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549



               FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES
                    PURSUANT TO SECTION 12(b) OR (g) OF THE
                        SECURITIES EXCHANGE ACT OF 1934


                             Internet HOLDRs_ Trust
             (Exact name of registrant as specified in its charter)



               New York                              not applicable
(State of incorporation or organization)            (I.R.S. Employer
                                                   Identification No.)
     c/o The Bank of New York, as Trustee
          101 Barclay Street, 22-W
            New York, New York                          10286
 (Address of principal executive offices)             (Zip Code)

     Securities to be registered pursuant to Section 12(b) of the Act:

      Title of each class                 Name of each exchange on which
      to be so registered:                each class is to be registered:

       Internet HOLDRs                       American Stock Exchange

     If this form relates to the registration of a class of securities pursuant
to Section 12(b) of the Exchange Act and is effective pursuant to General
Instruction A.(c), check the following box.  [x]

     If this form relates to the registration of a class of securities pursuant
to Section 12(g) of the Exchange Act and is effective pursuant to General
Instruction A.(d), check the following box.  [  ]

     Securities Act registration file number to which this form relates:

     333-78575

     Securities to be registered pursuant to Section 12(g) of the Act:

                                      None


                 INFORMATION REQUIRED IN REGISTRATION STATEMENT

Item 1.   Description of Registrant's Securities to be Registered.

       The description of the 1,000,000,000 Depositary Receipts to be issued by
the Internet HOLDRs Trust (the "Internet HOLDRs") to be registered hereunder is
set forth under the caption entitled "Description of the Internet HOLDRs" in the
prospectus dated September 3, 1999, which description is hereby incorporated by
reference. The prospectus was filed with the Securities and Exchange Commission
on September 8, 1999 as part of Post-Effective Amendment No. 1 to the
Registration Statement on Form S-1, Registration No. 333-78575.

Item 2.   Exhibits.

     1.        Form of Depositary Trust Agreement is set forth as Exhibit 4.1 to
               the registrant's Registration Statement on Form S-1 (Registration
               No. 333-78575) (the "Registration Statement") and is incorporated
               herein by reference.

     2.        Form of Internet HOLDRs is set forth as Exhibit 4.2 to the
               Registration Statement and is incorporated herein by reference.


                                   SIGNATURE

          Pursuant to the requirements of Section 12 of the Securities Exchange
Act of 1934, the registrant has duly caused this registration statement to be
signed on its behalf by the undersigned, thereto duly authorized.

                               MERRILL LYNCH, PIERCE, FENNER & SMITH
                                 INCORPORATED, as Initial Depositor,
                                          on behalf of
                                      Internet HOLDRs Trust



Date: September 20, 1999       By:  /s/ Stephen G. Bodurtha
                                    ---------------------------------
                                 Name: Stephen G. Bodurtha
                                 Title:  Attorney-in-Fact