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Join Date: Mar 2011
Location: Chapel Hill
Posts: 457
Bikes: Canfield Yelli Screamy, Pivot Mach5, Specialized Roubaix, '65 Hercules, '79 Schwinn Stingray Lil Chic, '68 Schwinn Stingray Fastback, '89 Specialized Allez Epic, '86 Battaglin World Champion
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The stock specs show 120mm travel fork. If you actually have 14cm of exposed stanchion, it's possible that the 20mm travel spacer has been removed -- although, I'd doubt this based on the history of the bike. I highly doubt the fork has ever been serviced. Given that, it wouldn't be a bad idea to go ahead and atleast change out the fork oil.