Saab 900 has spark, fuel and compression and still does no run?

[Kurt S]

I drove my 1996 Saab 900T on a trip home last week, about 200 miles, parking in my driveway, no problems. Next morning I went out to start it and she won't start. I though it may be a frozen line, so I put it inside for two days, still no start. Checked fuel pressure at the filter and have 43 pounds. Checked compression on each cylinder and they are all around 160 psi. Removed plugs and they seem wet with gas. Installed them all on ignition module and cranked to find what looks like good spark on each spark plug. SO now what, seems like it should go. One additional thing that I'm not sure is normal is after I crank and get no start and turn off the key, it seems the coils unload with about one second of continueous spark. Is that normal?

If the module goes bad will the plugs still spark? Any suggestions on what to try next or what the problem could be that keeps it from starting?

Thanks for the help!