A local is selling a Peugeot road bike and asking $35. I'm curious about whether it is potentially worth taking home, fixing-up, and turning into a fixed-gear. I'm figuring this bike was made between 84 and 88 by comparing its paint job with the catalog pages shown here: http://home.wanadoo.nl/peugeotshow/
Sheldon Brown's site and other threads here indicate that Peugeot bikes went from French standard components to ISO some time in the 80s. For all the writing I see about Peugeot's '70s bikes there seems to be hardly anything about their '80s lines, so I'd like to know if anybody can tell from this sketchy information whether this bike is worth adopting and whether it will be easy to update.
I'm waiting for the seller's response to my query so I don't know anything about size, condition, or model yet. Even if it's a really fine bike, I won't buy if it's too small for me. So you now know as much as I do. Speculate away...
(Edit: The fundamental questions are: Is the frame potentially a keeper? Is it probable I'll be able to slap onto it run-of-the-mill Japanese components?)