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Ive just noticed the guys user name and remembered that I have sold him stuff on gaybay before and seem to recall a bit of hassle........can't remember just what tho!!
Looks like a 504. About £470 with lx, but some of that looks to have changed. The forks have been added too. The Bi-axial relates to the down tube, ovalised vertically at the headtube and horizontally at the bb. The frames are doubel butted, something like 0.9/0.6/0.9 butting. Pretty light for the money if flexible
Difficult to tell what kit is on it, maybe worth enquiring before hitting buy it now, if its any help my Univega Alpina 5.5 is probably the best riding bike I have.
Mine weighs 24lbs with a 19" frame too.