EX-99.16 8 power.htm power of attorney
                              POWER OF ATTORNEY


     KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned,  constitutes  and
appoints Phillip S. Gillespie, Mitchell J. Lindauer and Kathleen T. Ives each as
my true and lawful attorneys-in-fact and agents, with full power of substitution
and  resubstitution,  for me and in my  capacity  as a  Trustee/Director  and/or
Officer  of  Limited  Term  New York  Municipal  Fund,  Oppenheimer  Convertible
Securities Fund, Rochester Fund Municipals, Oppenheimer MidCap Fund, Oppenheimer
Quest Capital Value Fund,  Inc.,  Oppenheimer  Quest  International  Value Fund,
Inc.,  Oppenheimer  Quest Value Fund, Inc. and Oppenheimer Quest For Value Funds
on behalf of  Oppenheimer  Quest Balanced Fund,  Oppenheimer  Quest  Opportunity
Value Fund and  Oppenheimer  Small-  &  Mid- Cap Value  Fund,  to sign on my
behalf  any  and  all  Registration  Statements  (including  any  post-effective
amendments to  Registration  Statements)  under the  Securities  Act of 1933, as
amended,  and the Investment Company Act of 1940, as amended, and any amendments
and  supplements  thereto,  any  proxy  statements,  Forms  3, 4 and 5, or other
documents  in  connection  therewith,  and to file the same,  with all  exhibits
thereto, and other documents in connection  therewith,  with the U.S. Securities
and Exchange Commission,  granting unto said  attorneys-in-fact  and agents, and
each of them,  full power and authority to do and perform each and every act and
thing requisite and necessary to be done in and about the premises,  as fully as
to all intents and purposes as I might or could do in person,  hereby  ratifying
and confirming all that said attorneys-in-fact and agents, and each of them, may
lawfully do or cause to be done by virtue hereof.

Dated this 5th day of February, 2007

/s/ John Cannon                           /s/ Lacy B. Herrmann
__________________________________        __________________________________
John Cannon                               Lacy B. Herrmann


/s/ Robert G. Galli                       /s/ John V. Murphy
___________________________________       ___________________________________
Robert G. Galli                           John V. Murphy


/s/ Thomas W. Courtney                    /s/ Brian Wruble
___________________________________       ___________________________________
Thomas W. Courtney                        Brian Wruble


/s/ David K. Downes                       /s/ Brian W. Wixted
___________________________________       ___________________________________
David K. Downes                           Brian W. Wixted



          /s/ Lisa I. Bloomberg
Witness:  ___________________________________
          Lisa I. Bloomberg, Assistant Secretary