The issue you describe is a power supply gone bad. Actually it is a capacitor inside the PS that is now defective (it may be more than one). This seems to be a frequent problem with this particular monitor as I have personally had the same issue with one a owned.
Unfortunatly there is no good solution as there are basically only two options available to you.
1. Find an 'electronics /computer shop' that will remove the PS and repair it.
2. send the monitor to Star-Logic for repair.
The basic issue with either scenario is that the cost to repair may be more than the unit is actually worth. For instanse, you can purchase a new 20" LCD monitor for less than $90 form places like newegg.com.
I hope this helps you in some way.
Good Luck!
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