Originally Posted by
coregis
I think it is a goner- there is a tear in the rim around both sides of the spoke hole at the flattest point.
Most OEM wheels are rubbish this might be an opportunity to improve the bike.. I'd keep an eye on craigslist or Ebay for a set of wheels with an 8 or 9 speed hub and if it isn't already put an 8-speed cassette and call it done..