<PAGE> PAGE 1
000 B000000 11/30/97
000 C000000 0000350181
000 D000000 N
000 E000000 NC
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 A
001 A000000 ALLIANCE TECHNOLOGY FUND, INC.
001 B000000 811-03131
001 C000000 2013194104
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
008 A000001 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B000001 A
008 C000001 801-32361
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS, INC.
011 B000001 8-30851
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10105
012 A000001 ALLIANCE FUND SERVICES, INC.
012 B000001 84-0001187
012 C010001 SECAUCUS
012 C020001 NJ
012 C030001 07096
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
014 B000001 8-00017574
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 S
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
<PAGE> PAGE 2
019 A000000 Y
019 B000000 52
019 C000000 ALLIANCECA
020 A000001 MONTGOMERY SECURITIES
020 B000001 94-1701676
020 C000001 125
020 A000002 C.J. LAWRENCE
020 C000002 93
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003 90
020 A000004 WERTHEIM SCHROEDER
020 C000004 85
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000005 13-5674085
020 C000005 77
020 A000006 ALEX BROWN & SONS, INC.
020 B000006 52-1319768
020 C000006 77
020 A000007 PRUDENTIAL SECURITIES CORP.
020 B000007 22-2347336
020 C000007 65
020 A000008 PAINEWEBBER, INC.
020 B000008 13-2638166
020 C000008 52
020 A000009 MORGAN STANLEY & CO., INC
020 B000009 13-2655998
020 C000009 48
020 A000010 LEHMAN BROTHERS, INC.
020 B000010 13-2518466
020 C000010 46
021 000000 1098
022 A000001 PRUDENTIAL SECURITIES INC.
022 B000001 22-2347336
022 C000001 2922271
022 D000001 16349
022 A000002 FORD MOTOR CREDIT CORP.
022 B000002 38-1012444
022 C000002 2071498
022 D000002 13692
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-5409205
022 C000003 1817982
022 D000003 0
022 A000004 AMERICAN EXPRESS CREDIT CORP.
022 B000004 11-1988350
022 C000004 1487940
022 D000004 0
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000005 13-5674085
022 C000005 1007957
<PAGE> PAGE 3
022 D000005 31109
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 162671
022 D000006 113607
022 A000007 SMITH BARNEY INC.
022 B000007 13-1912900
022 C000007 91349
022 D000007 41972
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008 35173
022 D000008 75215
022 A000009 C.J. LAWRENCE
022 C000009 49562
022 D000009 28403
022 A000010 LEHMAN BROTHERS, INC.
022 B000010 13-2518466
022 C000010 34127
022 D000010 38539
023 C000000 9999379
023 D000000 545965
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 87968
028 A020000 0
028 A030000 0
028 A040000 77370
028 B010000 194366
028 B020000 2
028 B030000 0
028 B040000 186677
028 C010000 111420
028 C020000 1
<PAGE> PAGE 4
028 C030000 0
028 C040000 84911
028 D010000 150248
028 D020000 1
028 D030000 0
028 D040000 82422
028 E010000 161800
028 E020000 1
028 E030000 0
028 E040000 120601
028 F010000 152832
028 F020000 1
028 F030000 0
028 F040000 88051
028 G010000 858634
028 G020000 6
028 G030000 0
028 G040000 640032
028 H000000 297913
029 000000 Y
030 A000000 9970
030 B000000 4.25
030 C000000 4.25
031 A000000 356
031 B000000 0
032 000000 9614
033 000000 0
034 000000 Y
035 000000 2016
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 12023
044 000000 1020
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
<PAGE> PAGE 5
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 250
062 A000000 N
<PAGE> PAGE 6
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
<PAGE> PAGE 7
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 1218244
071 B000000 771594
071 C000000 1521240
071 D000000 51
072 A000000 12
072 B000000 10254
072 C000000 1226
072 D000000 0
072 E000000 0
072 F000000 17970
072 G000000 138
072 H000000 0
072 I000000 3834
072 J000000 238
072 K000000 0
072 L000000 709
072 M000000 89
072 N000000 328
072 O000000 172
072 P000000 0
072 Q000000 0
072 R000000 87
072 S000000 49
072 T000000 12023
072 U000000 0
072 V000000 0
072 W000000 78
072 X000000 35715
072 Y000000 249
072 Z000000 -23986
072AA000000 14764
072BB000000 0
072CC010000 133347
072CC020000 0
072DD010000 0
072DD020000 0
<PAGE> PAGE 8
072EE000000 11472
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.4200
073 C000000 0.0000
074 A000000 35
074 B000000 0
074 C000000 178304
074 D000000 500
074 E000000 0
074 F000000 1852788
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 4434
074 K000000 0
074 L000000 22036
074 M000000 0
074 N000000 2058097
074 O000000 14874
074 P000000 5560
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 8197
074 S000000 0
074 T000000 2029466
074 U010000 11475
074 U020000 26597
074 V010000 54.44
074 V020000 52.58
074 W000000 0.0000
074 X000000 174146
074 Y000000 0
075 A000000 0
075 B000000 1704996
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 Y
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
<PAGE> PAGE 9
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 GULF INSURANCE COMPANY
080 C000000 86000
081 A000000 Y
081 B000000 117
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE CATHY WHITE
TITLE ASST VICE PRES
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000350181
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> NOV-30-1997
<INVESTMENTS-AT-COST> 1,496,183,440
<INVESTMENTS-AT-VALUE> 2,031,592,473
<RECEIVABLES> 26,469,460
<ASSETS-OTHER> 34,956
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,058,096,889
<PAYABLE-FOR-SECURITIES> 14,874,483
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,756,701
<TOTAL-LIABILITIES> 28,631,184
<SENIOR-EQUITY> 380,721
<PAID-IN-CAPITAL-COMMON> 1,479,085,392
<SHARES-COMMON-STOCK> 11,474,685
<SHARES-COMMON-PRIOR> 11,629,025
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,590,559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 535,409,033
<NET-ASSETS> 2,029,465,705
<DIVIDEND-INCOME> 1,225,505
<INTEREST-INCOME> 10,254,417
<OTHER-INCOME> 0
<EXPENSES-NET> (35,465,996)
<NET-INVESTMENT-INCOME> (23,986,074)
<REALIZED-GAINS-CURRENT> 14,764,297
<APPREC-INCREASE-CURRENT> 133,346,847
<NET-CHANGE-FROM-OPS> 124,125,070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4,879,329
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,361,617
<NUMBER-OF-SHARES-REDEEMED> (10,594,530)
<SHARES-REINVESTED> 78,573
<NET-CHANGE-IN-ASSETS> 664,629,914
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11,868,270
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17,970,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,715,000
<AVERAGE-NET-ASSETS> 618,180,478
<PER-SHARE-NAV-BEGIN> 51.15
<PER-SHARE-NII> (0.51)
<PER-SHARE-GAIN-APPREC> 4.22
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.42)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 54.44
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000350181
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> NOV-30-1997
<INVESTMENTS-AT-COST> 1,496,183,440
<INVESTMENTS-AT-VALUE> 2,031,592,473
<RECEIVABLES> 26,469,460
<ASSETS-OTHER> 34,956
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,058,096,889
<PAYABLE-FOR-SECURITIES> 14,874,483
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,756,701
<TOTAL-LIABILITIES> 28,631,184
<SENIOR-EQUITY> 380,721
<PAID-IN-CAPITAL-COMMON> 1,479,085,392
<SHARES-COMMON-STOCK> 20,034,755
<SHARES-COMMON-PRIOR> 13,282,541
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,590,559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 535,409,033
<NET-ASSETS> 2,029,465,705
<DIVIDEND-INCOME> 1,225,505
<INTEREST-INCOME> 10,254,417
<OTHER-INCOME> 0
<EXPENSES-NET> (35,465,996)
<NET-INVESTMENT-INCOME> (23,986,074)
<REALIZED-GAINS-CURRENT> 14,764,297
<APPREC-INCREASE-CURRENT> 133,346,847
<NET-CHANGE-FROM-OPS> 124,125,070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 5,671,805
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,702,206
<NUMBER-OF-SHARES-REDEEMED> (3,040,225)
<SHARES-REINVESTED> 90,233
<NET-CHANGE-IN-ASSETS> 664,629,914
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11,868,270
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17,970,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,715,000
<AVERAGE-NET-ASSETS> 871,017,825
<PER-SHARE-NAV-BEGIN> 49.76
<PER-SHARE-NII> (0.88)
<PER-SHARE-GAIN-APPREC> 4.12
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.42)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 52.58
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000350181
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> NOV-30-1997
<INVESTMENTS-AT-COST> 1,496,183,440
<INVESTMENTS-AT-VALUE> 2,031,592,473
<RECEIVABLES> 26,469,460
<ASSETS-OTHER> 34,956
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,058,096,889
<PAYABLE-FOR-SECURITIES> 14,874,483
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,756,701
<TOTAL-LIABILITIES> 28,631,184
<SENIOR-EQUITY> 380,721
<PAID-IN-CAPITAL-COMMON> 1,479,085,392
<SHARES-COMMON-STOCK> 3,503,625
<SHARES-COMMON-PRIOR> 2,180,264
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,590,559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 535,409,033
<NET-ASSETS> 2,029,465,705
<DIVIDEND-INCOME> 1,225,505
<INTEREST-INCOME> 10,254,417
<OTHER-INCOME> 0
<EXPENSES-NET> (35,465,996)
<NET-INVESTMENT-INCOME> (23,986,074)
<REALIZED-GAINS-CURRENT> 14,764,297
<APPREC-INCREASE-CURRENT> 133,346,847
<NET-CHANGE-FROM-OPS> 124,125,070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 916,491
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,659,352
<NUMBER-OF-SHARES-REDEEMED> (3,347,816)
<SHARES-REINVESTED> 11,825
<NET-CHANGE-IN-ASSETS> 664,629,914
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11,868,270
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17,970,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,715,000
<AVERAGE-NET-ASSETS> 145,836,544
<PER-SHARE-NAV-BEGIN> 49.76
<PER-SHARE-NII> (0.88)
<PER-SHARE-GAIN-APPREC> 4.11
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.42)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 52.57
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000350181
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> NOV-30-1997
<INVESTMENTS-AT-COST> 1,496,183,440
<INVESTMENTS-AT-VALUE> 2,031,592,473
<RECEIVABLES> 26,469,460
<ASSETS-OTHER> 34,956
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,058,096,889
<PAYABLE-FOR-SECURITIES> 14,874,483
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,756,701
<TOTAL-LIABILITIES> 28,631,184
<SENIOR-EQUITY> 380,721
<PAID-IN-CAPITAL-COMMON> 1,479,085,392
<SHARES-COMMON-STOCK> 3,508,990
<SHARES-COMMON-PRIOR> 11,057
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,590,559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 535,409,033
<NET-ASSETS> 2,029,465,705
<DIVIDEND-INCOME> 1,225,505
<INTEREST-INCOME> 10,254,417
<OTHER-INCOME> 0
<EXPENSES-NET> (35,465,996)
<NET-INVESTMENT-INCOME> (23,986,074)
<REALIZED-GAINS-CURRENT> 14,764,297
<APPREC-INCREASE-CURRENT> 133,346,847
<NET-CHANGE-FROM-OPS> 124,125,070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4,489
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,033,381
<NUMBER-OF-SHARES-REDEEMED> (985,537)
<SHARES-REINVESTED> 89
<NET-CHANGE-IN-ASSETS> 664,629,914
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11,868,270
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17,970,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,715,000
<AVERAGE-NET-ASSETS> 87,127,179
<PER-SHARE-NAV-BEGIN> 51.17
<PER-SHARE-NII> (0.45)
<PER-SHARE-GAIN-APPREC> 4.11
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.42)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 54.63
<EXPENSE-RATIO> 1.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
ALLIANCE CAPITAL MANAGEMENT L.P.
Memorandum
January 26 1998
To: Steve Yu
From: Mary Ann Milley
Re: Alliance Technology Fund, Inc.
Enclosed for the above mentioned Fund is the attachments for
Items 77.I and 77.Q1 for the N-SAR.
ALLIANCE TECHNOLOGY FUND, INC.
77.I)
In 1996, the Fund issued a new class of shares, Adviser
Class shares. Adviser Class shares, along with Class A, Class B,
Class C shares each represent an interest in the same portfolio
of investments of the Fund, have the same rights and are
identical in all respects, except that (i) Class A shares bear
the expense of the initial sales charge (or contingent deferred
sales charge, when applicable) and Class B and Class C shares
bear the expense of the deferred sales charge, (ii) Class B
shares and Class C shares each bear the expense of a higher
distribution services fee than that borne by Class A shares, and
Advisor Class shares do not bear such a fee, (iii) Class B and
Class C shares bear higher transfer agency costs than that borne
by Class A and Advisor Class shares; (iv) each of Class A,
Class B and Class C has exclusive voting rights with respect to
provisions of the Rule 12b-1 Plan pursuant to which its
distribution services fee is paid and other matters for which
separate class voting is appropriate under applicable law,
provided that, if the Fund submits to a vote of the Class A
shareholders, an amendment to the Rule 12b-1 Plan that would
materially increase the amount to be paid thereunder with respect
to the Class A shares, then such amendment will also be submitted
to the Class B and Advisor Class shareholders and the Class A,
the Class B and the Advisor Class shareholders will vote
separately by class; and (v) Class B and Advisor Class shares are
subject to a conversion feature. Each class has different
exchange privileges and certain different shareholder service
options available.
77.Q1
(1)(a) Copy of Articles of Incorporation of the
Registrant - Incorporated by reference (filed as
Exhibit 1(a) to Post-Effective Amendment No. 29 of
Registration Statement on Form N-1A, filed October
31, 1997 - File No. 2-70427).
(1)(b) Articles of Amendment - Incorporated by reference
(filed as Exhibit 1(b) to Post-Effective Amendment
No. 29 of Registration Statement on Form N-1A,
filed October 31, 1997 - File No. 2-70427).
(1)(c) Articles of Amendment - Incorporated by reference
(filed as Exhibit 1(c) to Post-Effective Amendment
No. 29 of Registration Statement on Form N-1A,
filed October 31, 1997 - File No. 2-70427).
(1)(d) Articles Supplementary - Incorporated by reference
(filed as Exhibit 1(d) to Post-Effective Amendment
No. 29 of Registration Statement on Form N-1A,
filed October 31, 1997 - File No. 2-70427).
(1)(e) Articles Supplementary - Incorporated by reference
(filed as Exhibit 1(e) to Post-Effective Amendment
No. 29 of Registration Statement on Form N-1A,
filed October 31, 1997 - File No. 2-70427).
(2) Copy of existing By-Laws of the Registrant -
Incorporated by reference (filed as Exhibit 2 to
Post-Effective Amendment No. 29 of Registration
Statement on Form N-1A, filed October 31, 1997 -
File No. 2-70427).
(5) Investment Advisory Agreement between the
Registrant and Alliance Capital Management L.P. -
Incorporated by reference (filed as
Exhibit 5 to Post-Effective Amendment No. 29 of
Registration Statement on Form N-1A, filed October
31, 1997 - File No. 2-70427).
s\dept550\tech\n-sar97.atf
3
[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchases in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Co
Subject to Rule 10f-3 Under the Investment Company Act of 1940
ALLIANCE TECHNOLOGY FUND
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD DECEMBER 1, 1996 THROUGH DECEMBER 31, 1996
<CAPTION>
Total
Shares Shares % of Issue Shares
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 12/31/96
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Versatility Inc. 12/12/96 4,700 0.01% $15.00 4,700 2,200 0.21% Merrill Lynch 0
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JANUARY 1, 1997 THROUGH FEBRUARY 28, 1997
<CAPTION>
Total
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 02/28/97
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Ilogy SA 02/14/97 24,800 0.02% $11.00 25,400 2,500 1.02% Cowen & Co. 0
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD MARCH 1, 1997 THROUGH MAY 31, 1997
<CAPTION>
Total
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 05/31/97
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Neo Magic 03/13/97 29,300 0.03% $12.00 32,600 3,000 1.09% Cowen & Co. 0
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JUNE 1, 1997 THROUGH AUGUST 31, 1997
<CAPTION>
Total
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 08/31/97
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
RWD Technologies 06/19/97 10,700 0.01% $13.00 17,400 3,000 0.58% Blair Williams 0
Peritus Software 07/01/97 21,100 0.02% $16.00 34,300 3,500 0.01% Montgomery Sec. 0
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD SEPTEMBER 1, 1997 THROUGH OCTOBER 5, 1997
<CAPTION>
Total
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 10/05/97
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD OCTOBER 6, 1997 THROUGH NOVEMBER 30, 1997
<CAPTION>
Total
Date Shares % of FundPrice perPurchased bIssued Purchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group Broker(s) 11/30/97
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Taiwan Semiconductor 10/08/97 844,700 0.00% $24.78 872,200 13,600 6.41% Goldman Sachs 2,164,700
Tech Data 11/10/97 270,400 0.00% $42.00 283,700 3,500 8.11% Goldman Sachs 335,400
</TABLE>
1-Purchase may not exceed 3% of Fund's Total Assets.
2-Purchases by all Alliance Funds may not exceed the greater of (i) 4% of
the principal amount of the offering or (ii) $500,000 in principal amount,
but in no event may exeed 10% of the principal amount of the offering.
* Unless otherwise indicated, the securities were part of an issue registered
under the Securities Act of 1933 and offered to the public.
**Indicates the puchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, including the Fund, may not exceed: (a) if
purchased in an offering than an Eligible Rule 144A Offering, 25% of the
principal amount of the offering of such class; or (b) if purchased in an
Eligible Rule 144A Offering, 25% of the total of (i) the principal amount
of the offering of such class sold by the underwriters or members of the
selling syndicate to qualified institutional buyers, plus (ii) the principal
amount of the offering of such class in any concurrent public offering.
Report of Independent Auditors
To the Shareholders and Board of Directors of
Alliance Technology Fund, Inc.
In planning and performing our audit of the financial statements of Alliance
Technology Fund, Inc. for the year ended November 30, 1997, we considered its
internal control, including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the requirements of
Form N-SAR, not to provide assurance on the internal control.
The management of Alliance Technology Fund, Inc. is responsible for
establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are required to assess
the expected benefits and related costs of controls. Generally, controls that
are relevant to an audit pertain to the entity's objective of preparing
financial statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles. Those controls
include the safeguarding of assets against unauthorized acquisition, use or
disposition.
Because of inherent limitations in internal control, errors or irregularities
may occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of the internal control would not necessarily disclose all
matters in the internal control that might be material weaknesses under
standards established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the design or
operation of one or more of the internal control components does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as defined
above at November 30, 1997.
This report is intended solely for the information and use of the board of
directors and management of Alliance Technology Fund, Inc. and the Securities
and Exchange Commission.
ERNST & YOUNG LLP
New York, New York
December 31, 1997
