PREMIER VALUE FUND, 497, 1997-12-09

PREMIER VALUE FUND
497, 1997-12-09

Previous: CHAUS BERNARD INC, S-3/A, 1997-12-09

Next: SEMICON TOOLS INC /NV/, 8-K, 1997-12-09



                                                         January 1, 1998
                        DREYFUS PREMIER VALUE FUND
                         SUPPLEMENT TO PROSPECTUS
                           DATED MARCH 3, 1997

        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.
                                                                   037s0198