OPPENHEIMER QUEST VALUE FUND INC
NSAR-A, 1998-06-19
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SIGNATURE   GEORGE BOWEN                                 
TITLE       TREASURER           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>            312555
<NAME>           Oppenheimer Quest Value Fund, Inc. - A shares
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-mos
<FISCAL-YEAR-END>                                                       OCT-31-1998
<PERIOD-START>                                                          NOV-01-1997
<PERIOD-END>                                                            APR-30-1998
<INVESTMENTS-AT-COST>                                                               1,085,767,401
<INVESTMENTS-AT-VALUE>                                                              1,486,775,200
<RECEIVABLES>                                                                          12,564,428
<ASSETS-OTHER>                                                                             72,112
<OTHER-ITEMS-ASSETS>                                                                       60,574
<TOTAL-ASSETS>                                                                      1,499,472,314
<PAYABLE-FOR-SECURITIES>                                                                1,983,350
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               2,334,638
<TOTAL-LIABILITIES>                                                                     4,317,988
<SENIOR-EQUITY>                                                                                 0
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<ACCUMULATED-NII-CURRENT>                                                               2,880,162
<OVERDISTRIBUTION-NII>                                                                          0
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<OVERDISTRIBUTION-GAINS>                                                                        0
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<NET-ASSETS>                                                                          914,467,471
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<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         10,882,412
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<REALIZED-GAINS-CURRENT>                                                               73,329,110
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<EQUALIZATION>                                                                                  0
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<DISTRIBUTIONS-OTHER>                                                                           0
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<INTEREST-EXPENSE>                                                                              0
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<PER-SHARE-NAV-BEGIN>                                                                          20.49
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<PER-SHARE-GAIN-APPREC>                                                                         3.45
<PER-SHARE-DIVIDEND>                                                                            0.11
<PER-SHARE-DISTRIBUTIONS>                                                                       0.87
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            23.02
<EXPENSE-RATIO>                                                                                 1.56
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>                312555
<NAME>               Oppenheimer Quest Value Fund, Inc. - B Shares
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1998
<PERIOD-START>                                                          NOV-01-1997
<PERIOD-END>                                                            APR-30-1998
<INVESTMENTS-AT-COST>                                                               1,085,767,401
<INVESTMENTS-AT-VALUE>                                                              1,486,775,200
<RECEIVABLES>                                                                          12,564,428
<ASSETS-OTHER>                                                                             72,112
<OTHER-ITEMS-ASSETS>                                                                       60,574
<TOTAL-ASSETS>                                                                      1,499,472,314
<PAYABLE-FOR-SECURITIES>                                                                1,983,350
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               2,334,638
<TOTAL-LIABILITIES>                                                                     4,317,988
<SENIOR-EQUITY>                                                                                 0
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<PER-SHARE-NII>                                                                                 0.02
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<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            22.66
<EXPENSE-RATIO>                                                                                 2.07
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<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>                312555
<NAME>               Oppenheimer Quest Value Fund, Inc. - C Shares
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1998
<PERIOD-START>                                                          NOV-01-1997
<PERIOD-END>                                                            APR-30-1998
<INVESTMENTS-AT-COST>                                                               1,085,767,401
<INVESTMENTS-AT-VALUE>                                                              1,486,775,200
<RECEIVABLES>                                                                          12,564,428
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<OTHER-ITEMS-ASSETS>                                                                       60,574
<TOTAL-ASSETS>                                                                      1,499,472,314
<PAYABLE-FOR-SECURITIES>                                                                1,983,350
<SENIOR-LONG-TERM-DEBT>                                                                         0
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<SENIOR-EQUITY>                                                                                 0
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<OTHER-INCOME>                                                                                  0
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<EQUALIZATION>                                                                                  0
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<PER-SHARE-NAV-BEGIN>                                                                          20.17
<PER-SHARE-NII>                                                                                 0.02
<PER-SHARE-GAIN-APPREC>                                                                         3.39
<PER-SHARE-DIVIDEND>                                                                            0.05
<PER-SHARE-DISTRIBUTIONS>                                                                       0.87
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            22.66
<EXPENSE-RATIO>                                                                                 2.07
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>                312555
<NAME>               Oppenheimer Quest Value Fund, Inc. - Y Shares
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1998
<PERIOD-START>                                                          NOV-01-1997
<PERIOD-END>                                                            APR-30-1998
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<INVESTMENTS-AT-VALUE>                                                              1,486,775,200
<RECEIVABLES>                                                                          12,564,428
<ASSETS-OTHER>                                                                             72,112
<OTHER-ITEMS-ASSETS>                                                                       60,574
<TOTAL-ASSETS>                                                                      1,499,472,314
<PAYABLE-FOR-SECURITIES>                                                                1,983,350
<SENIOR-LONG-TERM-DEBT>                                                                         0
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<TOTAL-LIABILITIES>                                                                     4,317,988
<SENIOR-EQUITY>                                                                                 0
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<SHARES-COMMON-STOCK>                                                                     235,942
<SHARES-COMMON-PRIOR>                                                                     150,224
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<OVERDISTRIBUTION-NII>                                                                          0
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<OVERDISTRIBUTION-GAINS>                                                                        0
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<NET-ASSETS>                                                                            5,437,554
<DIVIDEND-INCOME>                                                                       7,129,533
<INTEREST-INCOME>                                                                       6,647,077
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         10,882,412
<NET-INVESTMENT-INCOME>                                                                 2,894,198
<REALIZED-GAINS-CURRENT>                                                               73,329,110
<APPREC-INCREASE-CURRENT>                                                             131,967,352
<NET-CHANGE-FROM-OPS>                                                                 208,190,660
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                  30,052
<DISTRIBUTIONS-OF-GAINS>                                                                  142,430
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                    99,591
<NUMBER-OF-SHARES-REDEEMED>                                                                22,484
<SHARES-REINVESTED>                                                                         8,611
<NET-CHANGE-IN-ASSETS>                                                                412,390,988
<ACCUMULATED-NII-PRIOR>                                                                 4,754,927
<ACCUMULATED-GAINS-PRIOR>                                                              47,846,425
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   5,684,065
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        10,882,412
<AVERAGE-NET-ASSETS>                                                                    4,085,000
<PER-SHARE-NAV-BEGIN>                                                                          20.55
<PER-SHARE-NII>                                                                                 0.11
<PER-SHARE-GAIN-APPREC>                                                                         3.44
<PER-SHARE-DIVIDEND>                                                                            0.18
<PER-SHARE-DISTRIBUTIONS>                                                                       0.87
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            23.05
<EXPENSE-RATIO>                                                                                 1.17
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>


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