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Looks to be a bit of a mystery. Color and build look to be right for a 2001 R500, but the decals are different and it doesn't appear that your frame has the two letter code for year and month where it should be on that era frame. I can't read everything in the serial number picture. Is there...

The 16" frames are the only ones I have seen with 24" wheels at both ends. You might message Brian, he has a lot of knowledge on the early MTBs.

The 16" 1987 frames came with 24" wheels front and rear.

I don't believe that's a Cannondale. Look at the chainstays and dropouts and compare them to 1980s Cannondales. From 1989 to 1996, Cannondale road frames had cantilever dropouts. After 1996, only the CAAD2,3 and 4 road frames came with threaded forks. Those frames had a replaceable...

Small spec changes even in USA market bikes were pretty common. They may have been due to short supply of some part, or because a comparable component became available at a better price. If the substitutions on your bike were for example XTR level, I would assume that they were not original to...

So not a step down headset conversion? What's the steerer diameter? Cannondale was making 1 1/8" head head tube frames in that era for the rigid bikes, so I would think the frame was built with the intention of a Headshok, no matter what model it is. My guess is that it is in fact a 1998 F700...

I'd guess a fork substitution on an F900. Bike looks black to me, perhaps Super Black with decal substitution? Cannondale colors were sometimes oddly named. The 1995 "Diamond Black Metallic with Violet Pearl Hyper-highlights" would have been more accurately described as Purple. I haven't...

I have about $125 in the wheels.

Since head tubes get longer as frame sizes increase, steerer lengths are going to vary with frame size. You can put a 2 cm spacer under the top nut of a threaded fork. The steerer could also be cut to fit the frame, assuming it's threaded down far enough. It's no problem to switch to a...

I checked the mixed rim pair. They are Shimano 5500 (105 nine speed) hubs, with 32 hole Fir and Ambrosio rims. The MA3s are 32 hole and have Campagnolo Daytona (9/10/11) hubs. The Heliums are 8/9 Shimano.

Wow, nice find.