First thing to establish is whether this is a hardware or software issue. Restart, go into the BIOS settings screen by pressing F2 or Del as appropriate. If the problem still shows here it's hardware related, and a repair is needed. Alternatively you could boot from a Windows or Linux CD and see how that displays.
If the methods I mention indicate that the hardware is OK, then investigate software issues.
A possible (inexpensive) hardware issue is a dislodged display connector on the mobo. Then again, the display itself may have a fault.