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Composition of Internet Architecture HOLDRS
The specific share amounts for each round-lot of 100
Internet Architecture HOLDRS are set forth in the table below. The share amounts specified will not
change except for changes due to corporate actions or reconstitution events. Component list as of 03/22/04
| Company Name | Symbol | # of shares | % Weight |
| 3Com Corporation | COMS | 3.00 | 0.58% |
| Adaptec Inc | ADPT | 1.00 | 0.25% |
| Apple Computer, Inc. | AAPL | 2.00 | 1.50% |
| Ciena Corporation | CIEN | 2.00 | 0.29% |
| Cisco Systems, Inc. | CSCO | 26.00 | 16.96% |
| Dell Inc | DELL | 19.00 | 18.13% |
| EMC Corporation | EMC | 16.00 | 5.92% |
| Extreme Networks Inc | EXTR | 2.00 | 0.38% |
| Foundry Networks Inc | FDRY | 1.00 | 0.49% |
| Gateway Inc | GTW | 2.00 | 0.31% |
| Hewlett-Packard Co. | HPQ | 22.22 | 13.93% |
| International Business Machines | IBM | 13.00 | 34.53% |
| Juniper Networks Inc | JNPR | 2.00 | 1.44% |
| Mcdata Corp | MCDTA | 0.59 | 0.12% |
| Network Appliance Inc | NTAP | 2.00 | 1.16% |
| Roxio Inc | ROXI | 0.16 | 0.02% |
| Sun Microsystems Inc | SUNW | 25.00 | 2.95% |
| Sycamore Networks Inc | SCMR | 2.00 | 0.24% |
| Unisys Corporation | UIS | 2.00 | 0.79% |
| VERITAS Software Corporation | VRTS | 0.89 | Information not available |
Download the component list
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Trading Units
A round
lot is 100 HOLDRS. Odd lots (fewer than 100 HOLDRS) WILL NOT
TRADE. |
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Price
Quotations
Quoted in dollars and fractions of a dollar per HOLDRS.
Minimum “tick” is 1/16th ($0.0625). |
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How to Purchase or Sell
Internet Architecture HOLDRS
Internet HOLDRS may be acquired in two
ways:
- through the deposit of the required number of shares of common stock of the
underlying issuers with the trustee, or
- through a cash purchase in the secondary trading market.
Internet Architecture HOLDRS may be disposed of in two ways:
- Internet Architecture HOLDRS may be canceled by turning them into the
trustee, The Bank of New York, and withdrawing the underlying securities, or
- Internet Architecture HOLDRS may be sold on the secondary market.
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Selling Short
Exempt
from SEC Rule 10a-1(short sale rule). |
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Life of Internet
Architecture HOLDRS Trust
The Internet Architecture HOLDRS Trust will
terminate should any of the following occur:
- The Internet Architecture HOLDRS are delisted from The American Stock
Exchange and are not listed for trading on another national securities exchange
or through Nasdaq within 5 business days from the date of delisting.
- The Trustee resigns and no successor trustee is appointed within 60 days
from the date the trustee provides notice of its intent to resign.
- 75% of beneficial owners of outstanding Internet Architecture HOLDRS vote to
dissolve and liquidate the trust.
- Final termination date December 31, 2040.
If a termination event occurs, the trustee will distribute the underlying
securities to owners as promptly as practicable after the termination
event. |
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Shares
Outstanding
The number of outstanding Internet Architecture HOLDRS will
increase and decrease as a result of deposits and withdrawals of the underlying
securities. The trust will stand ready to issue additional Internet Architecture
HOLDRS on a continuous basis when an investor deposits the required shares of
common stock with the trustee. |
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Fees and
Expenses
Custody Fees: The Bank of New York, as trustee and
custodian, will charge you a quarterly custody fee of $2.00 for each round-lot
of 100 Internet Architecture HOLDRS to be deducted from any cash dividend or
other cash distribution on underlying securities received by the trust. The
Trustee will waive any portion of the custody fee which exceeds the total cash
dividends and other cash distributions received.
Issuance and
Cancellation Fees: Internet HOLDRS may be created by delivering to the trust
the requisite whole shares of common stock evidencing an Internet Architecture
HOLDRS , The Bank of New York as trustee will charge an issuance fee of up to
$10.00 for each round-lot of 100 Internet Architecture HOLDRS . To cancel
Internet HOLDRS and withdraw the underlying securities, The Bank of New York as
trustee will charge a cancellation fee of up to $10.00 for each round-lot of 100
Internet Architecture HOLDRS . You can only deposit or cancel Internet
Architecture HOLDRS on an in-kind basis in round-lots of 100 Internet
HOLDRS. |
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Minimum Customer
Margin
For purchases, 50%; for short sales, 150%. |
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Settlement
Date
For trades, three New York business days. HOLDRS are in book-entry
form held at The Depository Trust Company (DTC). |
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Settlement
Next New York business day following
expiration. |
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Trading
Hours
9:30 a.m. to 4 p.m. New York time. |
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Trading
System
Specialist/Registered Options Trader. |
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CUSIP
Number
460 60A 10 7 |
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The information
in this specification sheet is not complete and may be changed. For complete
details regarding rights relating to Internet Architecture HOLDRS and rights
relating to the underlying securities please refer to the prospectus. This is
not an offer to sell Internet Architecture HOLDRS and we are not soliciting
offers to buy Internet Architecture HOLDRS in any state where such offer or sale
is not permitted.
“HOLDRS” and
“HOLding Company Depositary Receipts” are service
marks of Merrill Lynch & Co., Inc. |
