Went to the local thrift shop and actually found a really nice bike!

Early 80's Peugeot with Campy Record. 27 1/4 rims. Mafac brakes and levers. Reynolds 531. Ten Speed. The rear looks like it is 126mm.

Frame is about a 54cm and is just a little too big for me but was perfect for my wife (She's taller and has longer legs than me). It's her first road bike and after I cleaned it up a bit she took it for a quick spin. After riding it a few minutes she came back to the house and said "it's fast". Nice responsive bike which will be going to the LBS for a quick look over and some new cables.