A friend of my dads has a '97 GTP that was getting no boost after he had his headers installed. We helped him put in rockers and a few other mods and while he was here, we made sure all of the vacuum lines were routed properly, and taped up one with a crack in the end, and he got boost. It was that simple. It could easily be something to that affect. I would bet large sums of money that it isn't a major problem at all. I am thinking vacuum lines or boost controller. There isn't much else it could be. The boost controllers are DIRT cheap too. (like $7 IIRC) Replace that, and check all the vacuum lines, and it should be fine.
1990 Maroon Grand Prix STE McLaren 3.1 Intercooled Turbo, 14.695 @ 94.49 on 12psi before cam/heads/etc.
1990 Bright Red Grand Prix McLaren 3.1 Intercooled Turbo, 14.819 @ 92.72, 189whp
1999 Grand Prix GT 9.75:1|K&N|160 tstat|No Ubend/Cat/Res|UD Pulleys|Ported M90/TB/Heads|XPZ|2.55"|Pacesetters|Stage 2 I/C. 12.442 @ 112.78
2000 Blue Bonneville SSEi Supercharged Gutted Airbox|K&N|3.4"|1.9'*|WP Pulley|Custom DHP|180*stat|41932'*|No Cat. 14.681 @ 94.80
2002 Dark Cherry Grand Prix GTP Supercharged & Intercooled
12.084 @ 114.38 w/1.743 60', 315.6whp, Fastest Stock Cam M90 GTP!
NOW XP CAMMED, 340.6whp with XP, stock heads, Gen 3 M90, 11.984 @ 115.84 w/1.750 60'!
Most HP Stock Heads Gen 3 M90 GTP!
2004 Red Monte SS Supercharged K&N|3.4 Pulley|1.9'*|180*stat|41919 plugs|3" dp|No cat/ubend|DHP|Shift Kit. 14.2 @ 98
GOT BOOST??? Friends dont let friends drive stock!