Finally finished school for the semester so I was able to do the compression test. Let the car warm up for 10-15 minutes before pulling the plugs and testing.

Cyl #1 - 142 psi
Cyl #2 - 141 psi
Cyl #3 - 142 psi
Cyl #4 - 50 psi

I guess it's time to start looking into a new short block.