WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 6 <CIK> 312555 <NAME> Oppenheimer Quest Value Fund, Inc. - A shares <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> OCT-31-1997 <PERIOD-START> NOV-01-1996 <PERIOD-END> OCT-31-1997 <INVESTMENTS-AT-COST> 826,017,277 <INVESTMENTS-AT-VALUE> 1,095,057,724 <RECEIVABLES> 8,330,242 <ASSETS-OTHER> 18,189 <OTHER-ITEMS-ASSETS> 295,542 <TOTAL-ASSETS> 1,103,701,697 <PAYABLE-FOR-SECURITIES> 16,826,880 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 4,111,479 <TOTAL-LIABILITIES> 20,938,359 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 761,121,539 <SHARES-COMMON-STOCK> 34,130,613 <SHARES-COMMON-PRIOR> 23,831,339 <ACCUMULATED-NII-CURRENT> 4,754,927 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 47,846,425 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 269,040,447 <NET-ASSETS> 699,230,322 <DIVIDEND-INCOME> 10,022,532 <INTEREST-INCOME> 9,123,410 <OTHER-INCOME> 0 <EXPENSES-NET> 14,374,519 <NET-INVESTMENT-INCOME> 4,771,423 <REALIZED-GAINS-CURRENT> 47,887,290 <APPREC-INCREASE-CURRENT> 127,277,273 <NET-CHANGE-FROM-OPS> 179,935,986 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 1,801,385 <DISTRIBUTIONS-OF-GAINS> 22,962,861 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 15,030,841 <NUMBER-OF-SHARES-REDEEMED> 6,112,033 <SHARES-REINVESTED> 1,380,466 <NET-CHANGE-IN-ASSETS> 530,130,697 <ACCUMULATED-NII-PRIOR> 1,919,807 <ACCUMULATED-GAINS-PRIOR> 31,387,019 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 7,708,982 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 14,374,519 <AVERAGE-NET-ASSETS> 560,582,000 <PER-SHARE-NAV-BEGIN> 17.30 <PER-SHARE-NII> 0.11 <PER-SHARE-GAIN-APPREC> 4.07 <PER-SHARE-DIVIDEND> 0.07 <PER-SHARE-DISTRIBUTIONS> 0.92 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 20.49 <EXPENSE-RATIO> 1.60 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0.00