Has anyone seen this acronym on the side of a sea ray. It a 21' open bow with a omc 5.7 I/O. Ok now the real question(s). We bought this boat at an auction and to our surprise the thing started right up. When we leave the marina for the first time we take it slow. after putting around for a little while we decide to give it some gas, everything is fine up until the half way point on the throttle when it bogs down sometimes it wil just die and others it will just bog way down sounding as if it is missing real bad. I changed out the plugs and fuel filter. also when we make a sharp turn it slows the boat down and takes it a while to get back up the the speed it was before the turn. anyone have anyideas on what would be causing that. next, I noticed when i run the bilge it seems to take on a bit of water so while the engine was running i looked inside the engine compartment to see if i could see a leak. facing the rear of the boat on the bottom left side of the engine block there is a fitting. It almost looks like a brass fitting used in plumbing aplications. anyway there was not a hose hooked up but it was shooting water out at a steady pace. anyone know if there should be something attached to that or not? sorry for the long post and I hope you folks can help me out. Thanks!