94 sea rayder stalls out at 3/4 throttle

[jwhite2066]

I recently acquired a 94 searayder spotjet. It starts and runs great. Just before the boat planes out at about 3/4 throttle it stalls. The entire fule system has been cleaned. A trip to the local merc dealer got me a new powerhead but no improvemet was gained . The engine is getting plenty of fuel and spark is great with the new powerhead.It has also had the red stator conversion done.<br />The rev limiter is currently installed and everones reference to the blk/yel wire does not match the color on the one on the engine. The previous owner stored the boat 2 years before I purchased it a few weeks ago. Any help would be greatly appricated.