RCM EQUITY FUNDS INC
497, 1997-12-31
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                   RCM EQUITY FUNDS, INC.
             SUPPLEMENT DATED DECEMBER 30, 1997
          TO RCM GLOBAL TECHNOLOGY FUND PROSPECTUS
                     DATED JUNE 30, 1997
                              
The   following  information  replaces  similar   references
throughout the Prospectus:

The  name  of  the  Company and the  Fund  have  changed  to
Dresdner  RCM  Equity  Funds, Inc. and Dresdner  RCM  Global
Technology Fund, respectively.

The following information supplements and should be read  in
conjunction  with  information on  the  cover  page  of  the
Prospectus:

Shares  of  the  Fund are not deposits, obligations  of,  or
endorsed or guaranteed in any way by, Dresdner Bank  AG,  or
any  other depository institution.  Shares of the  Fund  are
not insured by the Federal Deposit Insurance Corporation, or
any  other  agency,  and are subject  to  investment  risks,
including possible loss of principal amount invested.
                              

The  following  information replaces similar information  in
the   section  entitled  "Summary  of  Fees  and   Expenses"
beginning on page 6 of the Prospectus:

The following information is designed to help you understand
various costs and expenses of the Fund that an investor  may
bear  directly or indirectly.  The information is  based  on
the   Fund's  expected  expenses  for  its  first  year   of
operation, adjusted to reflect current fees, and should  not
be   considered  a  representation  of  future  expenses  or
returns.  Actual expenses and returns may be greater or less
than those shown below.

Stockholder Transaction Expenses

Maximum sales load imposed on purchases (as a
percentage of offering price)                          None

Sales load imposed on reinvested dividends             None

Deferred sales loads                                   None

Redemption fees                                        None

References  throughout the Prospectus to a  sales  load  are
eliminated.

Example            of           Portfolio           Expenses
1 Year    3 Years

You would pay the following total
expenses on a $1,000 investment,
assuming (1) a 5% annual return
and (2) redemption at the end of
each time period.                       $18            $55

The following information supplements and should be read  in
conjunction  with  the  section entitled  "Who  Manages  the
Fund?" beginning on page 16 of the Prospectus:

Shares  of  the  Fund are not deposits, obligations  of,  or
endorsed or guaranteed in any way by, Dresdner Bank  AG,  or
any  other depository institution.  Shares of the  Fund  are
not insured by the Federal Deposit Insurance Corporation, or
any  other  agency,  and are subject  to  investment  risks,
including possible loss of principal amount invested.



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