'87 5kTQ Rear brakes???

[Michael Spiers <mikes@specnet.com>]

Alrighty, I've got a small problem with my right (passenger side) rear caliper.
 It's been quite sticky lately, I figured the E-brake was too tight.  I crawled
under the car Saturday, looked at the E-brake cables, saw a huge bubble in the
right cable.  Sure enough, the lever on the caliper was pulled quite a ways off
it's stop, so I just completely removed the cable from the lever, since I never
use the E-brake in the winter anyway.  Linda will be sending me new cables
later this week.  The lever on the caliper moved very freely, so I was happy.
 However, the caliper still sticks!  I don't get it.  If the lever moves
freely, how can the caliper still be stuck?  The car stops straight, so I don't
think the caliper is stuck in a certain position, but I guess ya never know.
 I'm getting horrible mileage right now, plus I've got nothing left of a rotor
or brake pads on that side, so I gotta get this fixed ASAP.  Suggestions
anyone?  TIA.

-- 
-Mike
mikes@specnet.com
mks107@psuvm.psu.edu
87 5000CS TQ
84 5000S (2,000 miles away and a mile high)
90 80 (sibling's mode of transportation I get lynched into working on)