Before I tell my story, THANKS FOR ALL OF THE SUGGESTIONS !!!
I checked compression today and I was at 30 lbs. Took the block apart and found:
a) piston must have hit something
b) one side of piston squashed tight on oil rings
c) outside of piston and inside of cylinder wall have matching gouges
d) may have even bent the valve stems
So, between the oil rings not moving and the valve seats not squared up, I think I found the issue. This one goes in the junk heap but I sure learned a lot !
Stevehenri