1988 Sea Ray with 260 hp Mercruiser 350 GM 5.7L eng. Thunderbolt IV Ignition. Was skiing today and it comes out of the hole just fine for about 3-4 seconds and when it gets above 3500 RPM's it starts bogging down. If you keep it at full throttle, it will run up to 4000 rpm or above and then bog down to 2500 rpm then run right back up to over 4000 rpm and back down like a seesaw. It will continue to do that. If you keep it at 3500 rpm or below, it will run fine. I have been sick so this is the first time the boat has been out this summer since being winterized last Sept. with Stabil in the gas. Have not run out that tank of gas yet. Have not changed the fuel filter for over a year since it was run very little last year. It was running fine when I put it away just before winterization. Has a cover on it but sits outside the house on trailer all winter and summer. Any suggestions where to look first would be appreciated.