What Pertronix module do you have? If it's a P III get rid of it and install a P II.
However, about 3 1/2 years ago, when the P III I had was sent back to Pertronix because the stupid plastic bearing they chose to use between the plates, was so loose the module was hitting the cam and the air gap was all over the place, Pertronix sent me a replacement P II and coil, without admitting to the design fault. At that time I had ordered a P II from a local supplier so now I had two. I decided to keep the other as a spare and put it on the shelf. When I was having my "issues" recently, I had installed the spare P II only to find the car would not start. I reinstalled the old one and it started right up. Reinstalled the spare and again nothing. Conclusion was it was bad from the unopened box. Unfortunately, Pertronix said it was "out of the 3 year warranty", so I was out of luck, but they did offer me a "deal" on one, but I have not taken them up on it yet.
So yes they do go bad, even new right out of the box.
What plugs are you using? I have found Autolite 25's run well in mine. 24's always looked a bit on the dark side of brown to me, whereas the 25's are a mid tan color and the motor seems to like them, pulls like a train! Timing is at 14 initial, 34 all in at 3000rpm mechanical plus 4-6 * vacuum.
Can't wait to learn you got it sorted.
Geoff