Saw a nifty blue Paramount going for $165 today in Carlsbad. (near San Diego) on CL. I have more bikes than I need but I loved those bikes back when I couldn't afford one.

Then you better get on it!

Yeah. I know. I'd love to. I need to sell some of the bikes I have before I buy any new ones though.😕

Oh, don't be silly.

Buy first, sell later!

That's the philosophy that got me where I am today. I was actually hoping someone would snap it up besides me!

It’s a series Paramount, made in Asia. Still a nice deal, but not smoking/crazy/leave skid marks kind of deal.

Always good to sell a few bikes and keep a bike fund so you can pounce! More and more, my sales of parts is funding everything bicycle.

For that price I'd say go for it. I say this all the time about these Paramounts. They are under appreciated rockets. Mine is always faster on the same route than my Waterford built Paramount despite being heavier, with heavier wheels, and older components. In fact I did my second ride of the year where I avg'd over 20 mph on mine just the other day.

Thinking of throwing some carbon tubular deep dishes on it this morning to really go after it.

So yeah , do it, do it, do it!

These are very fast bikes, I believe they were intended for crit racing, designed to compete with Cannondale's late 80's / early 90's offerings, which were the craze of the day among entry level racers. Stiff and fast, with the kind of handling usually reserved for pro bikes, but much more comfortable than a Cannondale. Schwinn's gamble to steal market share from Cannondale ultimately failed, but that doesn't change the fact these are underrated and often-overlooked gems.

I should mention that these climb very well too. I've done some of my fastest long climbs on mine since it seems to transmit the power so well to the back wheel.

Mine rides with no hands really well.

I have a PDG Series 5. It is fast too. The PDG Series 3 and below were made in Taiwan. The PGD Series 7 and 5 were made in Japan. I don't know if the quality is any different. Unfortunately mine is a 52cm, a tad too small. Currently posted on Los Angeles Craig List.

You guys crack me up. I am absolutely not going to get the Paramount unless I sell off some bikes. Just finished a Shwinn Super Le Tour with beautiful Suntour stuff. The Stella continues to languish and the 'Dale ST500 is hanging around over my wife's car. The Paramount is a good buy and if it was taller and wasn't already attached to my 'Dale SR500 and Klein Performance I'd be more interested. I was one of those racers that preferred the stiff Dale over the complient steel frames of the day.

"STELLA"

Someone here is showing restraint and good financial sense. I think it's time for an intervention . . . . .

As an alternate viewpoint, my PDG 7 is a fun bike to ride, and is consistently slower than my 79 Trek 930 over the same course. I, however, am an old codger, and not a speedster. One would think I'd ride a bike with more relaxed geometry, but I tend to prefer racing geometry, despite being slow.