OPPENHEIMER EMERGING TECHNOLOGIES FUND
N-18F1, 2000-05-08
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                                                            Reg. No. 333-32108
                                                            File No.  811-09845




                                     FORM N-18F-1



                          SECURITIES AND EXCHANGE COMMISSION
                                 Washington, DC 20549




                    Notification of Election Pursuant to Rule 18f-1
                       Under the Investment Company Act of 1940




                        OPPENHEIMER EMERGING TECHNOLOGIES FUND
                                Two World Trade Center
                            New York, New York  10048-0203
                   ------------------------------------------------
                            Name and Address of Registrant




                               NOTIFICATION OF ELECTION
                      ------------------------------------------


The  undersigned  registered  open-end  investment  company hereby  notifies the
Securities  and Exchange  Commission  that it elects to commit  itself to pay in
cash all  redemptions by a shareholder of record as provided by Rule 18f-1 under
the  Investment  Company Act of 1940.  It is  understood  that this  election is
irrevocable  while such Rule is in effect  unless the  Commission  by order upon
application permits the withdrawal of this Notification of Election.




                                       SIGNATURE
                                   -----------------

Pursuant to the  requirements of Rule 18f-1 under the Investment  Company Act of
1940,  the  registrant  has caused  this  notification  of  election  to be duly
executed  on its behalf in the City of New York and the State of New York on the
5nd day of May, 2000.


                        OPPENHEIMER EMERGING TECHNOLOGIES FUND

- --------------------------------------------------------------------
                        Name of Registrant



                        By:
                              /s/ Andrew J. Donohue
                              Andrew J. Donohue, Secretary


ATTEST:



/s/ Robert G. Zack
Robert G. Zack, Assistant Secretary



SEC\765.18F



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