From my experience I duobt that this is repaint, it looks too original for me. My mistake that I did not mention that wheels are 28 inch so this would be trekking/touring model. Serial number is M1LL21592 and with some research found that merida bikes serial numbers start with M. Since specialized used xt group for high end 1992 models can it be that this is custom ordered s-works trekking/touring model? Specialized Sequoia used dx/lx mix in 1992
P1010117 by
bic4me, on Flickr
P1010115 by
bic4me, on Flickr
P1010117 by
bic4me, on Flickr
P1010118 by
bic4me, on Flickr
P1010119 by
bic4me, on Flickr