High ten steel frame + stamped drop outs = slots it as low end, but not the bottom. Alloy crankset, fluted seat post, Vx derailleurs, DT shifters, alloy pedals + alloy rims puts it up a couple of models.
Even during that era, by the time you got to mid level, you would see cromoly frame, forged dropouts, and often, some chrome on the stays.
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Please don't confuse ebay "asking" prices with "selling" prices. Many sellers never get their ask price. some are far from it. Value is determined once an item actually SELLS. Its easy enough to check SOLD prices.
Last edited by wrk101; 11-09-12 at 07:28 AM.