I have a 1986 110hp vro evinrude mod.#e11omlcdc ser.#r1308421. I live in nj and it ran great all season with no problem. I stored it as I usually do: Fogged the engine, stabilized the fuel, Drained the gear case and filled it fresh and covered it for about 5 months. I unwrapped it today and changed the fuel/water separater, cleaned the spark plugs, cleaned the factory inline fuel filter. I put on the muffs and it started right up. The water pump indicator was shooting out strong as normal. I ran it for about 5 minutes when I heard a buzzing noise coming from the front of the boat. It was the overheat warning horn on the controls. I figured the horn circut was malfunctioning cause the water pump indicator was still pumping strong. I shut the motor off and touched the cylinders and water jacket and almost burned my hand. It was very hot. I took out the spark plugs and hot air puffed out. I waited about 10 mins. and turned on the key without starting it and the horn sounded indicating that it was still too hot. Waited about ten more mins. Turned the key, no horn sound, so I started it. Ran fine. While running, I grabbed the thermostat hoses and could pinch them closed easily. It felt like no water was going through the hoses. But if that's the case, why does the hose coming off the water jacket shoot out its' normal stream? Last year I installed a new non vro fuel pump, Water pump assembly, and new thermostats. It ran great all season. I flush the motor after ever trip and before to make sure everything works. What's wrong?