:( AFTER JUMP STARTING MY 87 325 THE ABS LIGHT DOES NOT GO OFF! DID SOMETHING GET FRIED IN THE JUMPSTART?

Check all the fuses and ABS relays? These would be the likely suspects.

your problem is the ABS 'over voltage protection' relay. it's directly above the ABS the ABS control unit under the driver's dash, to the left of the column. it's held up there by a metal clip the replacement won't have. don't worry, just secure it in that area.