MERRILL LYNCH TECHNOLOGY FUND INC
497, 1994-07-29
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<PAGE>   1
 
                      MERRILL LYNCH TECHNOLOGY FUND, INC.
                            ------------------------
 
                            SUPPLEMENT TO PROSPECTUS
                              DATED JULY 27, 1994
 
                            ------------------------
 
                              FOR USE IN WISCONSIN
 
     The Company is authorized to invest up to 10% of its total assets in
securities which cannot be readily resold because of legal or contractual
restrictions or which are otherwise not readily marketable. Restrictions on
resale and illiquidity may involve additional risks to the Company.
 
                            ------------------------
 
                (The date of this Supplement is July 27, 1994.)
 
Code #16089-WI


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