So a few weeks ago I forced my mom to give me her old 1986 or 87 Peugeot bicycle. I had it tuned up before I started riding it. Well... today I rode it not knowing that it was going to rain! As I was turning a corner my rear wheel slipped and now it is twisted pretty badly. It has the old 27 inch steel wheels and I have a feeling that it cannot be repaired. It's pretty bad.

What kind of wheels can I replace the old 27 inch steel ones with? My tires are 32-630, and the wheels are 27- 1 1/4. I was told when I had it repaired that eventually I'd have to get the steel wheels replaced. Well, I think the time has come. I don't think trueing the wheel would do any good.

Please help.