You should set it to the native resolution of this monitor which is 1280 x 1024 @60Hz.

http://www.fixya.com/support/r6150077-basic_lcd_monitors_troubleshooting

http://en.wikipedia.org/wiki/Capacitor_plague

Capacitors kit: http://lcdalternatives.auctivacommerce.com/ he can make you a set of caps for you.