Display problem with driver 169.04

After installing the new driver version 169.04, it produces a display problem on the screen. Whatever that is supposed to be black in color will be replaced by thin cyan stripe. Even when I revert to the previous driver, the problem still persists. Could this be a hardware failure?

OS: CentOS 4.5
Graphics Card: 8800 GTX

Any help is appreciated. Thanks.

Problem resolved.

The problem is caused by the monitor.