Joe, it could well be rescued, however, it could cost quite a bit unless you already have a parts machine or source for parts and it would be some work to get everything put together. Once put together it might run like a brand new machine though. For about $40 you can get one that is all there on CL if you aren't in any hurry - I know some people want more than that but unless it has the back tack I doubt if it would go for more.