DREYFUS GROWTH & VALUE FUNDS INC
497, 2000-01-12
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                                                      JANUARY 11, 2000

                     DREYFUS PREMIER TECHNOLOGY GROWTH FUND

                                SUPPLEMENT TO THE

                        PROSPECTUS DATED JANUARY 1, 2000

THE FOLLOWING  INFORMATION  SHOULD BE READ IN CONJUNCTION  WITH THE "MANAGEMENT"
SECTION OF THE FUND'S PROSPECTUS:

Barry Mills also serves as a portfolio  manager for the fund. Mr. Mills has been
a senior  managing  analyst in Dreyfus' equity  research  department  since July
1999. From February 1997 through April 1999, Mr. Mills served as a senior equity
analyst with Phoenix  Investment  Partners,  Ltd. From 1995 to February 1997, he
served as Director of Research for Howe and Rusling, Inc.


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