For a localized core repair try this. Bend the head of a nail 90 degrees with some pliers. Drill out the stripped threads in the deck. Say 3/8". Chuck the bent nail into your drill. Insert the bent nail into the hole and use the drill to remove some of the core under the top fiberglass layer. Vacuum out the hole. Fill the cavity with epoxy thickened with chopped mat. After it cures you can drill a new screw hole and reattach your hardware. This type of repair has two advantages. First it makes for a VERY strong repair and two it seals the core protecting it from further water intrusion.