Thanks to Doug for his help in choosing a frame (90's Fisher Y "Joshua") and thanks to John for the lesson on BB design.
Got the Gary Fisher frame from Ebay for 67$US plus shipping. I had the frame sand blasted and black glossy powder coated ($80). Took running gear (Sakae & Suntour) and the 26" wheel sets (with 90 psig tires) from an 40yr old Raleigh Technium MB. Used an old Rocksox fork & V brake (took these parts from my old Cannondale F400 but then upgraded it with a new fork).
I am now working on the riding learning curve. Very twitchey and floppy. Need lots of training time. I rigged up a sling to get practice riding straight.
(Note: more photos to follow) Rock