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Blue
Either I was going to Cambridge or he was going to Cambridge, but one cannot tell from the phrasing.
Steve
We need a fourth option.
Lynque
Oh, yes you can. Whom did I meet, a man, or a man on the way to Cambridge? If I were on the way, 'twould be, 'On the way to Cambridge, I met a man," wouldn't it?
Dave
I met a man on the way to Cambridge. (I was going to Cambridge.) I met a man who was on the way to Cambridge. (The man was on the way to Cambridge.)
Thomas Lee
If the man were on the way to Cambridge, I would phrase it "I met a man on his way to Cambridge".

Stryfe
At least one of us was going to Cambridge.