candidates for fixed gear

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I have two bikes I'm considering for fixed gear conversion, both are garage sale/thrift shop buys I got for under 15 bucks. The first is a mid 80s (?) Peugoet, the other a Scwhinn Le Tour of about the same vintage. Both have horizontal dropouts and appear all original. Any suggestions as to which would be a better bet? I'd obviously like to keep the investment here to a minimum!

I have an early 80's Peugeot that was converted to a fixed gear and it rides great. No need for a chain tensor.

I have two bikes I'm considering for fixed gear conversion, both are garage sale/thrift shop buys I got for under 15 bucks. The first is a mid 80s (?) Peugoet, the other a Scwhinn Le Tour of about the same vintage. Both have horizontal dropouts and appear all original. Any suggestions as to which would be a better bet? I'd obviously like to keep the investment here to a minimum!:mad: why would you want to mess up a schwinn Le Tour? Them old bikes are gettin hard to find I hate to see them chopped up! my 2 cents ..I like old Schwinn lightweights!:D

I used to have a early-to mid-'80s Peugeot road bike I converted to a SS (until I totalled it in an accident!). The problem was the rear dropouts weren't long enough and were too thin and the rear wheel kept slipping when tourque was applied so I converted it again to a two-spd (two chainrings and a ft.derailler). I used a rear quick-release so you may not have any problems if you use a bolt-on rear wheel.

Oh yeah, I almost forgot...

I currently have a late-'80s Peugeot mtn bike thats now an off-road fixie. It has very nice Simplex horizontal dropouts with those screw in adjuster thingies in the back of the dropouts. It's great off-road, absolutely no problems at all! (not that I'm hucking it or anything like that!).