Originally Posted by 1simplexnut

Hiya ,

Looks like an all right deal for $150.00 !

There is probably something missing or loose in the shifter levers . That will make them return when changing .
Maybe pop them off and show us an exploded view of the parts you have ,
Better still locate and use some simplex retrofriction levers .
Work great and appropriate for a Peugeot .
How nasty is that scrape on the downtube by the levers ? Just paint or dent? ( please say no dent)

Go gentle as possible on the stuck stem . Brute force is not your friend ! Especially on 753 tube.

HAve fun with it !
Look forward to updates .