Hello, I have a question hopefully someone can help me out with. I have a 1988 Bayliner with a 2.3l and a cobra drive. When I started it today for the first time this year I had it hooked to muffs. Once the engine was running I noticed a small stream of water coming out around the large screw on the port side of the outdrive. This would be the screw that fastens to the backing plate that is inside. Will it hurt anything by having water squirting out? I checked the screw and its tight.<br />Thanks for any help you can give.<br />Jeff