I have a 46" magnavox projection screen tv that has the red, blue, green colors on the left side of the screen when first turned on. After a few minutes of being on, the screen resumes to normal colors. The colors take up about 1/3 of the screen Dan

Projection TV sets need to have all three colors - RED - BLUE - GREEN - lined up correctly on the screen in order for the video to look normal. When its out of alignment the video will look 3D, wavy, distorted, etc. Most of the time you just need to adjust your convergence in the TV menu. If you cannot adjust it in the menu - then your convergence is broken and needs to be repaired.
This is a very common failure on these projection sets and a fairly simple DIY fix. All projection sets including Samsung, RCA, Sony, Philip Magnavox, Panasonic, Pioneer, Akai, GE, JVC, Toshiba, and others at some point will have the same problem.
You can get a repair kit with parts and instructions from www.TvRepairKits.com