If the TV has been moved around or traveled , it may be a loose component or a solder joint / wire came loose. If you are going to junk it , then have someone you know and trust with ability open the unit and closely scan the board connections . Some soldering work is poor enough to come apart with use. Good Luck.
Testimonial: "Thank you, I will give your ideas a try. "
Your LCD panel went out, very expensive, mor than the TV is worth. But you can try replacing the LCD controller board first.
Parts: http://www.shopjimmy.com/catalogsearch/result/?q=Memorex+MLT3221+
Testimonial: "Thank you, Memorex has offered to replace any part needed but we will have to pay for the labor.Still not sure it will be worth the cost. "
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