The "Series" Paramounts of the early nineties were built in asian factories and were an attempt by Schwinn to exploit the Paramount brand, offering imported Paramounts at a lower price point than the Waterford Wisconsin built Paramounts. The Series 2 was the cheapest "Series" road bike with the lowest end components.

IMHO, not worth close to the $325 asking price.

FMI, CLICK HERE and then click on "---PDG 'Series'" along the left side of the page.