Many people said the frame size is of utmost importance in regards to this bike. So here's a follow up report. Thanks for all of your help so far.
I believe the frame is 61cm. (center of crank to top of seat post) The frame is Predominately red, but there is some white, and of course, there are the Masi flags and such with yellow lettering. I am working on pictures, and will send them to you or let you know where you can view them when I get them ready. The bike is in very good condition as far as I can tell, except for needing a good cleaning, a tune-up and tires.