I also agree...Ignition Module. What happened it that the lithium grease prolly dried up or burned up. The module then got too hot and quit. It happened in my 89 Broncho 5.0 a lot. I think they run aout $40, or you could try geting some white lithium grease from Autozone and see if that works first.
Good Luck
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Dustin
93 Cobra 261 rwhp
89 GT(Saleen Clone) 392 rwhp(TFS Intake,TFS Heads, BD-11A 9#,Ecam,1.6 rr's, BBK longtubes, lots more...
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