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I had the same thing happen to me WAY back early last year before I had a pertronix. Was adjusting the timing and must of grounded something and fried my condensor... lots of smoke and a rather toasty condensor wire. $11 later for points and condensor and I was good to go...
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Troy
'89 964 C4
'83 308 GTS QV
'88 928 S4
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