I bought a 96 Yamaha Wave Venture 700 from a friend, he told me when I bought it that it smoked so I thought that maybe he was using the wrong 2 cycle oil because he said that he would use just any 2 cycle oil. So we changed the oil to Yamalube and drained the gas and put in fresh gas, and we headed to the lake. We got to the lake put it in the water and went to start it and it started right off the bat and he was right it smokes alot it was everywhere and then it died. Took along time to get it started again and this time I had to hold the throttle wide open to keep it running and even after having it running for about 5-10 min as soon as I let off the throttle it died and we where back to square one. We got it home I pulled the plugs and they were wet with oil, does this mean that the oil in the Fuel/oil mixer is to rich? Does any one out there have any ideas to help me try to resolve this issue? Please let me know it would be greatly appreciated. Thank You for read this and have a nice day!!!!!