I have a 1995 2stroke 4 cylinder mercury elpto 100 on a wahoo hull that has served me well for few years now. Out in the bay this weekend while at about two thirds throttle the engine started sounding funny. Like revving higher but less power. I thought smething was wraped on the prop so i throttled higher to free it. Then I looked back at the engine to see it had stopped spitting water out of pipe. I shut off immediately. The motor had overheated and I had a bad feeling. I blew out vent lines and tilted motor up to check prop. Cooled down and it did start and was spitting water again.Ran rough, smoothed some after a while but would not idle. Back at dock checked plugs and #one had water sludge and what looked to be mud on it. Next day new plugs & took it out ran better of course but still wont idle. Checked plugs again #1 plug has what looks to water on it. #3]plug same just not as much. I was thinking my next step (besides crying lol) is to check.compression. Bad gasket maybe? Can anyone tell me how to proceed or what problem could be...