Join Date: Feb 2009
Location: Columbus, OH
Bikes: A beautiful columbus steel frame, 1986 Schwinn Voyageur touring bike, Currently Undergoing Overhaul
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New cable is cheap, maybe 4 bucks with the housing/cable combined. Jagwire makes a set, while you are at it, it would be a bad idea to get both new der. cables and two brake cables. Especially for an older bike.
Also, the cable probably wouldn't "Snap" but could get pulled from the bolt that holds it, but there isn't much tension on that anyway, so it wouldn't be a huge deal.
But yeah, just go for a new cable.