To: Don England who wrote (87 ) 2/22/2001 10:56:49 AM From: Don England Respond to of 23153 being at a loss as to what individual stocks will do here i am watching larger plays. if you think csco is buyable, and like the other plays in the group, then the iah is a possible. sitting at a low of 48 now. would look a lot prettier if ibm could get jammed back down toward 90 again. don Contract Specifications Internet Architecture HOLDRSSM HOLding Company Depository ReceiptS - IAH 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 2/13/01 Name & Symbol # Of Shares Name & Symbol # Of Shares Cisco Systems, Inc. (CSCO) 26 Foundry Networks, Inc. (FDRY) 1 International Business Machines Corp. (IBM) 13 Gateway, Inc. (GTW) 2 Hewlett-Packard Co. (HWP) 14 Network Appliance, Inc. (NTAP) 2 Sun Microsystems, Inc. (SUNW) 25 Apple Computer, Inc. (AAPL) 2 EMC Corp. (EMC) 16 Dell Computer Corporation (DELL) 19 Veritas Software (VRTS) 0.893 Compaq Computer Corporation (CPQ) 13 Extreme Networks, Inc. (EXTR) 2 Sycamore Networks, Inc. (SCMR) 2 CIENA Corporation (CIEN) 2 Juniper Networks, Inc. (JNPR) 2 Unisys Corp. (UIS) 2 3Com Corporation (COMS) 3 Adaptec, Inc. (ADPT) 1 McDATA Corporation (MCDTA) 0.58891 Please refer to the prospectus for a more complete discussion of reconstitution events and how they may affect shareholders of Internet Architecture HOLDRS. Trading Units A round lot is 100 HOLDRS. Odd lots (fewer than 100 HOLDRS) WILL NOT TRADE p.s. took a toe-dipping expedition and grabbed 200 iah at 49.25. up a couple points off its low now.