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Re: What to do now???
EclipseRSt, He just had the engine turning over with the starter to do he compression check, so turning the crank over to check for valve/piston interferrence will show no interference. The valves will already be bent out of the way or far enough up but not closed so the pistons can travel up and down ok. But the valves are still not closed thus the zero compression. I am not sure of the engine he has in a 95 was it? But the 1g 16 valve crate engine with 40 thou runs about $750, the turbo crate is 1500 smackaroos in Portland. On the bench the head work with new valves and valve guides if needed is about $450. A bench pressure test for a cracked head my also be called for. Gaskets about $100 and a new belts if necesary about $30 plus minus. That's the cam timing belt and the balance shaft belt behind it.
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