Bad speedo cable, Try some light oild like WD40 and if the problems goes away than replace the cable
The cable that controls the speedometer needs to be replaced more than likely. That is what had to be done to a Dodge Stealth's speedometer to work properly. ==New Answer == Actually - there is no speedometer/odometer cable on a 1993 Honda. The system is all-electrical. So it has to be either a bad wiring harness/plug connector, OR a bad speedometer head (unlikely).
I'm not too sure about the 1994 Honda accord because i don't have one myself. However, in most cars the speedometer sensor is located on the transmission, close to the point of engagement between the transmission and the front axle. The speedometer is attached tho the transmission with bolt(s) depending on the car.
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