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Follow Randy's suggestion below before you go the messier route.
My son got an '87 a year ago with a stuck cable and an unknown history. We unhooked it and managed to get a barely perceptable amount of movement with pliers (hard to push a stranded cable).
Held it in an upright position with a narrow wire "U" by hooking the free wire ends in the cowl vent slots.
Patient dripping in of ATF, then wait-test-drip-wait-test-drip over several hours finally did the trick. The movement was slight at first but it gradually became totally free.
Still working as a daily commute car in the NY-NJ area.
Worth a try, IMO.
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Bruce Young '93 940-NA (current), 240s (one V8), 140s, 122s, since '63.
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