<PAGE> PAGE 1
000 B000000 03/31/97
000 C000000 0000878972
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MERRILL LYNCH TECHNOLOGY FUND, INC.
001 B000000 811-6407
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 MERRILL LYNCH ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-11583
008 D010001 PRINCETON
008 D020001 NJ
008 D030001 08543
008 D040001 9011
011 A000001 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000001 8-14663
011 C010001 PRINCETON
011 C020001 NJ
011 C030001 08543
011 C040001 9011
012 A000001 MERRILL LYNCH FINANCIAL DATA SERVICES, INC.
012 B000001 84-01339
012 C010001 JACKSONVILLE
012 C020001 FL
012 C030001 32246
<PAGE> PAGE 2
012 C040001 6484
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
014 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
014 B000001 8-7221
015 A000001 THE CHASE MANHATTAN BANK N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E010001 X
015 A000002 CITIBANK N.A.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 THE CHASE MANHATTAN BANK AUSTRALIA LIMITED
015 B000003 S
015 C010003 SIDNEY
015 D010003 AUSTRALIA
015 E040003 X
015 A000004 CREDITANSTALT-BANKVEREIN
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 E040004 X
015 A000005 GENERALE BANK
015 B000005 S
015 C010005 BRUSSELS
015 D010005 BELGIUM
015 E040005 X
015 A000006 BANCO CHASE MANHATTAN, S.A.
015 B000006 S
015 C010006 RIO DE JANEIRO
015 D010006 BRAZIL
015 E040006 X
015 A000007 CANADA TRUST COMPANY
015 B000007 S
015 C010007 TORONTO
015 D010007 CANADA
015 E040007 X
015 A000008 ROYAL BANK OF CANADA
015 B000008 S
015 C010008 TORONTO
015 D010008 CANADA
015 E040008 X
015 A000009 DEN DANSKE BANK
015 B000009 S
<PAGE> PAGE 3
015 C010009 COPENHAGEN
015 D010009 DENMARK
015 E040009 X
015 A000010 KANSALLIS-OSAKE-PANKKI
015 B000010 S
015 C010010 HELSINKI
015 D010010 FINLAND
015 E040010 X
015 A000011 BANQUE PARIBAS
015 B000011 S
015 C010011 PARIS
015 D010011 FRANCE
015 E040011 X
015 A000012 CHASE BANK, A.G.
015 B000012 S
015 C010012 FRANKFURT
015 D010012 GERMANY
015 E040012 X
015 A000013 BARCLAYS BANK PLC
015 B000013 S
015 C010013 ATHENS
015 D010013 GREECE
015 E040013 X
015 A000014 BANCO NACIONAL DE MEXICO
015 B000014 S
015 C010014 MEXICO
015 D010014 MEXICO
015 E040014 X
015 A000015 BANK OF IRELAND
015 B000015 S
015 C010015 DUBLIN
015 D010015 IRELAND
015 E040015 X
015 A000016 ARAB BANK PLC
015 B000016 S
015 C010016 AMMAN
015 D010016 JORDAN
015 E040016 X
015 A000017 ABN AMRO N.V.
015 B000017 S
015 C010017 AMSTERDAM
015 D010017 NETHERLANDS
015 E040017 X
015 A000018 NATIONAL NOMINEES LIMITED
015 B000018 S
015 C010018 AUCKLAND
015 D010018 NEW ZEALAND
015 E040018 X
015 A000019 DEN NORSKE BANK
015 B000019 S
015 C010019 OSLO
<PAGE> PAGE 4
015 D010019 NORWAY
015 E040019 X
015 A000020 HONG KONG SHANGHAI BANKING CORP. LIMITED
015 B000020 S
015 C010020 HONG KONG
015 D010020 HONG KONG
015 E040020 X
015 A000021 CITIBANK BUDAPEST RT.
015 B000021 S
015 C010021 BUDAPEST
015 D010021 HUNGARY
015 E040021 X
015 A000022 CITITRUST COLOMBIA S.A.
015 B000022 S
015 C010022 BOGOTA
015 D010022 COLOMBIA
015 E040022 X
015 A000023 SKANDINAVISKA ENSKILDA BANKEN
015 B000023 S
015 C010023 STOCKHOLM
015 D010023 SWEDEN
015 E040023 X
015 A000024 UNION BANK OF SWITZERLAND
015 B000024 S
015 C010024 ZURICH
015 D010024 SWITZERLAND
015 E040024 X
015 A000025 FIRST NATIONAL BANK OF CHICAGO
015 B000025 S
015 C010025 LONDON
015 D010025 UNITED KINGDOM
015 E040025 X
015 A000026 CEDEL S.A.
015 B000026 S
015 C010026 LUXEMBOURG
015 D010026 LUXEMBOURG
015 E040026 X
015 A000027 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000027 S
015 C010027 PRAGUE
015 D010027 CZECH REPUBLIC
015 E040027 X
015 A000028 BANQUE GENERALE DE LUXEMBOURG, S.A.
015 B000028 S
015 C010028 LUXEMBOURG
015 D010028 LUXEMBOURG
015 E040028 X
015 A000029 APOTHETIRO TILTON A.E.
015 B000029 S
015 C010029 ATHENS
015 D010029 GREECE
<PAGE> PAGE 5
015 E040029 X
015 A000030 DEUTSCHE BANK, A.G.
015 B000030 S
015 C010030 BOMBAY
015 D010030 INDIA
015 E040030 X
015 A000031 STANDARD BANK OF SOUTH AFRICA
015 B000031 S
015 C010031 JOHANNESBURG
015 D010031 SOUTH AFRICA
015 E040031 X
015 A000032 CHASE BERHAD
015 B000032 S
015 C010032 KUALA LUMPUR
015 D010032 MALAYSIA
015 E040032 X
015 A000033 BANK HANDLOWY W WARZAWIE, S.A.
015 B000033 S
015 C010033 WARSAW
015 D010033 POLAND
015 E040033 X
015 A000034 NATIONAL DEPOSITORY OF SECURITIES
015 B000034 S
015 C010034 POLAND
015 D010034 POLAND
015 E040034 X
015 A000035 THE BANK OF NEW YORK
015 B000035 S
015 C010035 NEW YORK
015 C020035 NY
015 C030035 10015
015 E010035 X
015 A000036 BANKERS TRUST COMPANY
015 B000036 S
015 C010036 NEW YORK
015 C020036 NY
015 C030036 10006
015 E010036 X
015 A000037 CHEMICAL BANK
015 B000037 S
015 C010037 NEW YORK
015 C020037 NY
015 C030037 10017
015 E010037 X
015 A000038 CUSTODIAL TRUST CO.
015 B000038 S
015 C010038 NEW YORK
015 C020038 NY
015 C030038 10167
015 E010038 X
015 A000039 MORGAN GUARANTEE TRUST CO.
<PAGE> PAGE 6
015 B000039 S
015 C010039 NEW YORK
015 C020039 NY
015 C030039 10260
015 E010039 X
015 A000040 CAJA DE VALORES
015 B000040 S
015 C010040 ARGENTINA
015 D010040 ARGENTINA
015 E040040 X
015 A000041 AUSTRACLEAR LIMITED
015 B000041 S
015 C010041 AUSTRALIA
015 D010041 AUSTRALIA
015 E040041 X
015 A000042 OESTERREICHISCHE KONTROLLBANK
015 B000042 S
015 C010042 AUSTRIA
015 D010042 AUSTRIA
015 E040042 X
015 A000043 CIK
015 B000043 S
015 C010043 BELGIUM
015 D010043 BELGIUM
015 E040043 X
015 A000044 SAO PAULO STOCK EXCHANGE
015 B000044 S
015 C010044 BRAZIL
015 D010044 BRAZIL
015 E040044 X
015 A000045 CDS
015 B000045 S
015 C010045 CANADA
015 D010045 CANADA
015 E040045 X
015 A000046 THE BANK OF ENGLAND
015 B000046 S
015 C010046 UNITED KINGDOM
015 D010046 UNITED KINGDOM
015 E040046 X
015 A000047 SHANGHAI SECURITIES CENTRAL CLEARING
015 B000047 S
015 C010047 SHANGHAI
015 D010047 CHINA
015 E040047 X
015 A000048 SHENZHEN SECURITIES CLEARING
015 B000048 S
015 C010048 SHENZHEN
015 D010048 CHINA
015 E040048 X
015 A000049 SCP
<PAGE> PAGE 7
015 B000049 S
015 C010049 CZECH REPUBLIC
015 D010049 CZECH REPUBLIC
015 E040049 X
015 A000050 VP CENTER
015 B000050 S
015 C010050 DENMARK
015 D010050 DENMARK
015 E040050 X
015 A000051 PANKKITARKASTUS VIRASTO
015 B000051 S
015 C010051 FINLAND
015 D010051 FINLAND
015 E040051 X
015 A000052 SICOVAM
015 B000052 S
015 C010052 FRANCE
015 D010052 FRANCE
015 E040052 X
015 A000053 KV
015 B000053 S
015 C010053 GERMANY
015 D010053 GERMANY
015 E040053 X
015 A000054 CCASS
015 B000054 S
015 C010054 HONG KONG
015 D010054 HONG KONG
015 E040054 X
015 A000055 MONTE TITOLI
015 B000055 S
015 C010055 ITALY
015 D010055 ITLAY
015 E040055 X
015 A000056 MCD
015 B000056 S
015 C010056 MALAYSIA
015 D010056 MALAYSIA
015 E040056 X
015 A000057 INDEVAL
015 B000057 S
015 C010057 MEXICO
015 D010057 MEXICO
015 E040057 X
015 A000058 BV NECIGEF/KAS ASSOCIATIE NV
015 B000058 S
015 C010058 NETHERLANDS
015 D010058 NETHERLANDS
015 E040058 X
015 A000059 VPS
015 B000059 S
<PAGE> PAGE 8
015 C010059 NORWAY
015 D010059 NORWAY
015 E040059 X
015 A000060 CDP
015 B000060 S
015 C010060 SINGAPORE
015 D010060 SINGAPORE
015 E040060 X
015 A000061 KSDC
015 B000061 S
015 C010061 SOUTH KOREA
015 D010061 SOUTH KOREA
015 E040061 X
015 A000062 SCL
015 B000062 S
015 C010062 SPAIN
015 D010062 SPAIN
015 E040062 X
015 A000063 PVT
015 B000063 S
015 C010063 SRI LANKA
015 D010063 SRI LANKA
015 E040063 X
015 A000064 VPC
015 B000064 S
015 C010064 SWEDEN
015 D010064 SWEDEN
015 E040064 X
015 A000065 SEGA
015 B000065 S
015 C010065 SWITZERLAND
015 D010065 SWITZERLAND
015 E040065 X
015 A000066 TSCD
015 B000066 S
015 C010066 TAIWAN
015 D010066 TAIWAN
015 E040066 X
015 A000067 SDC
015 B000067 S
015 C010067 THAILAND
015 D010067 THAILAND
015 E040067 X
015 A000068 CGO
015 B000068 S
015 C010068 UNITED KINGDOM
015 D010068 UNITED KINGDOM
015 E040068 X
015 A000069 CMO
015 B000069 S
015 C010069 UNITED KINGDOM
<PAGE> PAGE 9
015 D010069 UNITED KINGDOM
015 E040069 X
015 A000070 RITS
015 B000070 S
015 C010070 AUSTRALIA
015 D010070 AUSTRALIA
015 E040070 X
015 A000071 TVS
015 B000071 S
015 C010071 TURKEY
015 D010071 TURKEY
015 E040071 X
015 A000072 PCD
015 B000072 S
015 C010072 PHILIPPINES
015 D010072 PHILIPPINES
015 E040072 X
018 000000 Y
019 A000000 Y
019 B000000 193
019 C000000 MERRILLLYN
020 A000001 MONTGOMERY SECURITIES
020 B000001 94-1701676
020 C000001 191
020 A000002 ROBERTSON, STEPHENS & COMPANY, L.P.
020 B000002 94-2524501
020 C000002 157
020 A000003 PRUDENTIAL SECURITIES INCORPORATED
020 B000003 22-2347336
020 C000003 150
020 A000004 HAMBRECHT & QUIST LLC
020 B000004 94-3220242
020 C000004 106
020 A000005 MORGAN STANLEY & CO. INCORPORATED
020 B000005 13-2655998
020 C000005 101
020 A000006 DAKIN SECURITIES CORPORATION
020 B000006 94-3034642
020 C000006 76
020 A000007 SOUNDVIEW FINANCIAL GROUP, INC.
020 B000007 13-2998183
020 C000007 74
020 A000008 ARCADIA INVESTMENT CORPORATION
020 B000008 93-1155622
020 C000008 71
020 A000009 JEFFERIES & COMPANY, INC.
020 B000009 95-2622900
020 C000009 47
020 A000010 CREDIT SUISSE FIRST BOSTON CORPORATION
020 B000010 13-5659485
020 C000010 42
<PAGE> PAGE 10
021 000000 1212
022 A000001 ASSOCIATES CORP. OF NORTH AMERICA
022 C000001 2407479
022 D000001 0
022 A000002 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000002 13-5659485
022 C000002 586840
022 D000002 350485
022 A000003 PAINEWEBBER INCORPORATED
022 B000003 13-2638166
022 C000003 574149
022 D000003 18805
022 A000004 HSBC SECURITIES, INC.
022 B000004 13-2650272
022 C000004 400884
022 D000004 176616
022 A000005 GENERAL ELECTRIC CAPITAL CORP.
022 C000005 471908
022 D000005 0
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 290576
022 D000006 104772
022 A000007 MORGAN STANLEY & CO. INCORPORATED
022 B000007 13-2655998
022 C000007 91189
022 D000007 185257
022 A000008 HAMBRECHT & QUIST LLC
022 B000008 94-3220242
022 C000008 105873
022 D000008 149000
022 A000009 SMITH BARNEY INC.
022 B000009 13-1912900
022 C000009 105138
022 D000009 140756
022 A000010 MONTGOMERY SECURITIES
022 B000010 94-1701676
022 C000010 143397
022 D000010 90432
023 C000000 6033620
023 D000000 1576923
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE> PAGE 11
027 000000 Y
028 A010000 12560
028 A020000 0
028 A030000 0
028 A040000 41325
028 B010000 8843
028 B020000 0
028 B030000 0
028 B040000 46133
028 C010000 14200
028 C020000 50184
028 C030000 0
028 C040000 44224
028 D010000 12831
028 D020000 0
028 D030000 0
028 D040000 51687
028 E010000 16759
028 E020000 0
028 E030000 0
028 E040000 42598
028 F010000 12388
028 F020000 0
028 F030000 0
028 F040000 36409
028 G010000 77581
028 G020000 50184
028 G030000 0
028 G040000 262376
028 H000000 20904
029 000000 Y
030 A000000 116
030 B000000 5.25
030 C000000 0.00
031 A000000 8
031 B000000 0
032 000000 0
033 000000 108
034 000000 Y
035 000000 2570
036 A000000 N
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
<PAGE> PAGE 12
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 5215
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
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 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
<PAGE> PAGE 13
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 0
062 A000000 N
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
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
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 N
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
<PAGE> PAGE 14
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 1228742
071 B000000 1564278
071 C000000 696137
071 D000000 177
072 A000000 12
072 B000000 4835
072 C000000 577
072 D000000 0
072 E000000 0
072 F000000 7927
072 G000000 108
072 H000000 0
072 I000000 2160
072 J000000 39
072 K000000 0
072 L000000 102
072 M000000 36
072 N000000 87
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 34
072 S000000 29
072 T000000 5215
072 U000000 27
072 V000000 0
072 W000000 15
072 X000000 15779
<PAGE> PAGE 15
072 Y000000 0
072 Z000000 -10367
072AA000000 333920
072BB000000 98158
072CC010000 0
072CC020000 118985
072DD010000 0
072DD020000 0
072EE000000 56096
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 974
074 B000000 0
074 C000000 66046
074 D000000 0
074 E000000 0
074 F000000 650313
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 1800
074 K000000 0
074 L000000 1380
074 M000000 23
074 N000000 720536
074 O000000 63171
074 P000000 952
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 4278
074 S000000 0
074 T000000 652135
074 U010000 50832
074 U020000 80661
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 94901
074 Y000000 0
075 A000000 0
075 B000000 788431
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 O000000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
<PAGE> PAGE 16
080 C000000 1000
081 A000000 Y
081 B000000 111
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000878972
<NAME> MERRILL LYNCH TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 863359699
<INVESTMENTS-AT-VALUE> 716358394
<RECEIVABLES> 3180098
<ASSETS-OTHER> 997293
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 720535785
<PAYABLE-FOR-SECURITIES> 63171406
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5229169
<TOTAL-LIABILITIES> 68400575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 670787702
<SHARES-COMMON-STOCK> 43832958
<SHARES-COMMON-PRIOR> 51190305
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128348818
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (147001310)
<NET-ASSETS> 222117738
<DIVIDEND-INCOME> 577404
<INTEREST-INCOME> 4834882
<OTHER-INCOME> 0
<EXPENSES-NET> (15779554)
<NET-INVESTMENT-INCOME> (10367268)
<REALIZED-GAINS-CURRENT> 235762290
<APPREC-INCREASE-CURRENT> (118985280)
<NET-CHANGE-FROM-OPS> 106409742
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (19050400)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12264759
<NUMBER-OF-SHARES-REDEEMED> (23090217)
<SHARES-REINVESTED> 3468111
<NET-CHANGE-IN-ASSETS> (223540743)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (14068351)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (26882035)
<GROSS-ADVISORY-FEES> 7927513
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15779554
<AVERAGE-NET-ASSETS> 239558771
<PER-SHARE-NAV-BEGIN> 4.82
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> .72
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.44)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.07
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000878972
<NAME> MERRILL LYNCH TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> CLASS B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 863359699
<INVESTMENTS-AT-VALUE> 716358394
<RECEIVABLES> 3180098
<ASSETS-OTHER> 997293
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 720535785
<PAYABLE-FOR-SECURITIES> 63171406
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5229169
<TOTAL-LIABILITIES> 68400575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 670787702
<SHARES-COMMON-STOCK> 76755271
<SHARES-COMMON-PRIOR> 118827509
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128348818
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (147001310)
<NET-ASSETS> 375630242
<DIVIDEND-INCOME> 577404
<INTEREST-INCOME> 4834882
<OTHER-INCOME> 0
<EXPENSES-NET> (15779554)
<NET-INVESTMENT-INCOME> (10367268)
<REALIZED-GAINS-CURRENT> 235762290
<APPREC-INCREASE-CURRENT> (118985280)
<NET-CHANGE-FROM-OPS> 106409742
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (32293067)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18468222
<NUMBER-OF-SHARES-REDEEMED> (66545661)
<SHARES-REINVESTED> 6005201
<NET-CHANGE-IN-ASSETS> (223540743)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (14068351)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (26882035)
<GROSS-ADVISORY-FEES> 7927513
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15779554
<AVERAGE-NET-ASSETS> 482401778
<PER-SHARE-NAV-BEGIN> 4.66
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> .69
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.38)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 4.89
<EXPENSE-RATIO> 2.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000878972
<NAME> MERRILL LYNCH TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 863359699
<INVESTMENTS-AT-VALUE> 716358394
<RECEIVABLES> 3180098
<ASSETS-OTHER> 997293
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 720535785
<PAYABLE-FOR-SECURITIES> 63171406
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5229169
<TOTAL-LIABILITIES> 68400575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 670787702
<SHARES-COMMON-STOCK> 3906177
<SHARES-COMMON-PRIOR> 6706834
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128348818
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (147001310)
<NET-ASSETS> 19015022
<DIVIDEND-INCOME> 577404
<INTEREST-INCOME> 4834882
<OTHER-INCOME> 0
<EXPENSES-NET> (15779554)
<NET-INVESTMENT-INCOME> (10367268)
<REALIZED-GAINS-CURRENT> 235762290
<APPREC-INCREASE-CURRENT> (118985280)
<NET-CHANGE-FROM-OPS> 106409742
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1699433)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1668621
<NUMBER-OF-SHARES-REDEEMED> (4779670)
<SHARES-REINVESTED> 310392
<NET-CHANGE-IN-ASSETS> (223540743)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (14068351)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (26882035)
<GROSS-ADVISORY-FEES> 7927513
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15779554
<AVERAGE-NET-ASSETS> 26194354
<PER-SHARE-NAV-BEGIN> 4.64
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> .68
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.37)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 4.87
<EXPENSE-RATIO> 2.37
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000878972
<NAME> MERRILL LYNCH TECHNOLOGY FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 863359699
<INVESTMENTS-AT-VALUE> 716358394
<RECEIVABLES> 3180098
<ASSETS-OTHER> 997293
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 720535785
<PAYABLE-FOR-SECURITIES> 63171406
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5229169
<TOTAL-LIABILITIES> 68400575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 670787702
<SHARES-COMMON-STOCK> 6999361
<SHARES-COMMON-PRIOR> 9118197
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128348818
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (147001310)
<NET-ASSETS> 35372208
<DIVIDEND-INCOME> 577404
<INTEREST-INCOME> 4834882
<OTHER-INCOME> 0
<EXPENSES-NET> (15779554)
<NET-INVESTMENT-INCOME> (10367268)
<REALIZED-GAINS-CURRENT> 235762290
<APPREC-INCREASE-CURRENT> (118985280)
<NET-CHANGE-FROM-OPS> 106409742
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3052919)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4359086
<NUMBER-OF-SHARES-REDEEMED> (7026818)
<SHARES-REINVESTED> 548896
<NET-CHANGE-IN-ASSETS> (223540743)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (14068351)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (26882035)
<GROSS-ADVISORY-FEES> 7927513
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15779554
<AVERAGE-NET-ASSETS> 40276230
<PER-SHARE-NAV-BEGIN> 4.81
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> .71
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.05
<EXPENSE-RATIO> 1.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
