Yeah... I dont mean to be so pessimistic about it and I appreciate the comments that are positive. Im still thinking about it but now most people are like just get a new bike and etc..

First of all I haven't been on a bike in years. I love to bike ride but who knows if I will stick to it. Of course I would like a new bike but I figured that having a bike that was free first of all would give me an idea if biking is something I could invest time and money into as a hobby. I suppose that is the point I became so dramatic reading the post from Jeff. I mean I didnt ask if I had some top of the line vintage worth some money bicycle. I just asked for some helpful information about bicycles in general, the only reason I mentioned the "brand" is because I didnt know if that needed to be known in buying parts for an older bike. The only thing I can see that might cause me a problem is tubing, I know the previous owner had to patch the tubing a couple of weeks back and new tires because the tread is a little worn like any other tires that are used daily.

Thanks for restoring the hope and next time I wont take the words so literally. Thanks guys!!