February 4, 1998
DREYFUS GROWTH
OPPORTUNITY FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED JULY 1, 1997
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "DESCRIPTION OF THE
FUND_MANAGEMENT POLICIES":
The Fund may invest in investment grade debt securities when
management believes that such securities offer opportunities for capital
growth.
EFFECTIVE JANUARY 1, 1998, THE FOLLOWING INFORMATION SUPPLEMENTS AND
SUPERSEDES ANY CONTRARY INFORMATION CONTAINED IN THE PROSPECTUS UNDER THE
CAPTION "HOW TO BUY SHARES."
The minimum initial investment is $750 for Dreyfus-sponsored Keogh
Plans, IRAs (including regular IRAs, spousal IRAs for a non-working spouse,
Roth IRAs, SEP-IRAs and rollover IRAs) and 403(b)(7) Plans with only one
participant and $500 for Dreyfus-sponsored Education IRAs, with no minimum on
subsequent purchases.
February 4, 1998
DREYFUS GROWTH OPPORTUNITY FUND, INC.
Supplement to Statement of Additional Information Dated July 1, 1997
The following information supplements the information contained in the
section of the Fund's Statement of Additional Information entitled
"Investment Objectives and Management Policies":
Fixed-Income Securities. Even though interest-bearing securities are
investments that promise a stable stream of income, the prices of such
securities are inversely related by changes in interest rates and,
therefore, are subject to the risk of market price fluctuations. The values
of fixed-income securities also may be affected by changes in the credit
rating or financial condition of the issuer. Certain securities purchased
by the Fund, such as those rated Baa by Moody's Investors Service, Inc. and
BBB by Standard & Poor's Ratings Group, Fitch IBCA, Inc. or Duff & Phelps
Credit Rating Co. may be subject to risk with respect to the issuing entity
and to greater market fluctuations than certain lower yielding, higher rated
fixed-income securities. Once the rating of a portfolio security has been
changed, the Fund will consider all circumstances deemed relevant in
determining whether to continue to hold the security.
