GM HEI conversion questions

Ok ive done my reasearch i understand the premise behind going this route and i am choosing to do so. Now i have a question that i havent really gotten answered everyones kind of beat around the bush about it so hopefully you guys can help me. I have a 318 that has the electronic spark control computer. i want to toss it and get rid of it all. But my questions are, will my stock coil work with the conversion? and will my stock distributor work? Its a single pickup with no vaccuum or mechanical advance. The reason i ask is because i have an 86 f150 that has a 73 f100 dizzy in it that still has points and i dont have the advance hooked up and she runs likke a top.

Thanks guys any help is greatly appreciated