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

  

<ARTICLE> 6
<CIK>                312555
<NAME>               Oppenheimer Quest Value Fund, Inc. - B 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>                                                                  14,788,764
<SHARES-COMMON-PRIOR>                                                                   6,507,830
<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>                                                                          298,348,393
<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>                                                                 107,344
<DISTRIBUTIONS-OF-GAINS>                                                                6,696,217
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 9,222,271
<NUMBER-OF-SHARES-REDEEMED>                                                             1,323,617
<SHARES-REINVESTED>                                                                       382,280
<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>                                                                  200,752,000
<PER-SHARE-NAV-BEGIN>                                                                          17.08
<PER-SHARE-NII>                                                                                 0.05
<PER-SHARE-GAIN-APPREC>                                                                         3.97
<PER-SHARE-DIVIDEND>                                                                            0.01
<PER-SHARE-DISTRIBUTIONS>                                                                       0.92
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            20.17
<EXPENSE-RATIO>                                                                                 2.10
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00