I had exactly the same problem. Speedo went nuts, the Odometer was fine. These guys fixed it for me. I compared it to the GPS I've been using as a speedo. Every five mph from 25 to 80 mph it was within 1% the whole way. They reset the odometer and fixed the speedo for $85 not counting shipping. They said it was an cheap old Japanese designed speedo. but they fixed it better than new.
http://www.foreignspeedoinc.com/