Check to see with a test light if 12V is getting to the "BATT" wire on the distributor cap with the key in the "run" position...if it is,then hook the test lamp to the "TACH" terminal (key off) and ground the lead on it,then crank the engine over with the key--it should make the light flash on and off if the pick up coil and module are working...
It could be any of the 3 parts that have failed,the coil itself,the pick up coil inside the distributor,or the ignition module...most common failure is the module,both that and the pick up coil can "fail" intermittently though,making it tough to say for sure "it was that" when you replace either one,and it runs for awhile,and you think its "fixed",then it craps out again...
I prefer genuine GM ignition modules,the cheaper aftermarket ones can be flukey or lack the dwell advance circuit and not deliver best performance..
I used to grab used ones at junkyards,and I always kept a complete "spare" HEI distributor with me in case my truck croaked somewhere on me...