SMH INDEX  RANKED BY PERFORMANCE				OPTS?			SMH INDEX COMPONENTS BY ALPHABETICAL LISTING
		0.0%							0.0%
HOLDRS Semiconductor	SMH	REL GAIN	RANK	CLICK			HOLDRS Semiconductor	SMH	REL GAIN	RANK
Amkor Technology Inc	AMKR	15.2%	1	¨	AMKR		Analog Devices Inc	ADI	-0.8%	14
LSI Corp	LSI	13.6%	2	¨	LSI		Altera Corp	ALTR	-2.9%	17
Advanced Micro Devices Inc	AMD	11.4%	3	¨	AMD		Applied Materials Inc	AMAT	2.7%	8
Broadcom Corp	BRCM	5.8%	4	¨	BRCM		Advanced Micro Devices Inc	AMD	11.4%	3
Novellus Systems Inc	NVLS	5.5%	5	¨	NVLS		Amkor Technology Inc	AMKR	15.2%	1
Teradyne Inc	TER	4.1%	6	¨	TER		Atmel Corp	ATML	2.6%	9
Intel Corporation	INTC	3.4%	7	¨	INTC		Broadcom Corp	BRCM	5.8%	4
Applied Materials Inc	AMAT	2.7%	8	¨	AMAT		Intel Corporation	INTC	3.4%	7
Atmel Corp	ATML	2.6%	9	¨	ATML		KLA-Tencor Corp	KLAC	1.0%	12
SEMICONDUCTOR HLDR (SMH)	SMH	1.9%	10	¨	SMH		Linear Technology Corporation	LLTC	0.8%	13
Xilinx Inc	XLNX	1.6%	11	¨	XLNX		LSI Corp	LSI	13.6%	2
KLA-Tencor Corp	KLAC	1.0%	12	¨	KLAC		Micron Technology Inc	MU	-2.0%	15
Linear Technology Corporation	LLTC	0.8%	13	¨	LLTC		Novellus Systems Inc	NVLS	5.5%	5
Analog Devices Inc	ADI	-0.8%	14	¨	ADI		SEMICONDUCTOR HLDR (SMH)	SMH	1.9%	10
Micron Technology Inc	MU	-2.0%	15	¨	MU		SanDisk Corp	SNDK	-11.7%	18
Texas Instruments Inc	TXN	-2.2%	16	¨	TXN		Teradyne Inc	TER	4.1%	6
Altera Corp	ALTR	-2.9%	17	¨	ALTR		Texas Instruments Inc	TXN	-2.2%	16
SanDisk Corp	SNDK	-11.7%	18	¨	SNDK		Xilinx Inc	XLNX	1.6%	11
					NSM