Great project bike if you're nostalgic for this particular era of Cannondale!
This bike was inherited from a family member of mine. I thought I could get it up and running again with a small investment of time and money, but it turned out to be a bit more than I wanted to put into it.
Brand new parts/work: rear derailleur and cassette. All 4 brake and derailleur cables.
Definitely needs replacement: Chainring teeth are worn down and need replacement. Front shock is flat. Rear shock does not currently hold my weird, but could just need air - I don't have the right pump to test it. Needs new tubes and tires but that's easy.
Stored indoors when not in use its whole life to my knowledge.
Sold as is and will need some love. Hope to see this bike go to someone who will love to fix it up and ride it!