$600 was probably a little high, but this was also at the height of the mountain bike craze. I remember walking into one of the bigger shops in Chicago and they had 200 mountain bikes and 1 road bike.
I'm guessing the frame dates from around 1987. It has Imron paint and a TSD sticker. I'm the third owner. I bought it from a kid on the Gold Coast who had just passed the bar.