I believe I had the same bike. Does the black paint have like metallic flakes in it (sparkles)? If so it is an early 90's (mine was 93).
As for frame price, my dad sold the complete bike w/ campy for about $200 (which I thought was a steal).
The bike was okay. Not as stiff or responsive as the Klein I got later, but it was a good starting bike.
Thanks for the reply. It is a straight up black frame. No flakes. I'm pretty sure it was made in the late '90s. It seemed really light for a Cr-Mo frame. I guess the only way to judge if it is a nice ride is to build it up with components I have on hand and try it out.
I just asked my friend how much he wanted for it and he said it's free!!! I do look after his animals when they are gone, so that may have something to do with it. I'll post better pictures of it when I get it home. Now I have to start putting my 105 group on it, get a triple crank, and maybe replace the aluminum forks. I'll see how it rides first. I'm not looking for anything too fancy, just a nice ride and not too heavy.