The wires should not spin in the coil mounts. This puts stress on the all important conductive wire inside, and also lets water in to shunt away the electricity.
If the internal wire core is still intact, you may still be able seal the wires to the coil housing with thick super glue, tar, or other such insulative adhesive. Be sure to place the wire in the proper orientation before doing so. The old leads can get very brittle, and cracks or splits anywhere along their length is a reliability problem.
To see if the core is still intact, set your Meter to ohms and check for continuity between HT core center to the other HT core center. If you get continuity, the internal wire is not broken and shows base functionality.
Cheers,