I would at least try testing it with another monitor if possible before tossing it, could save a lot of money. Unless you have a warranty, which in that case send it in for them to repair it.
dude its a laptop
laptops have hdmi/vga out?
Did you try force shutting it down and restarting it? This happens on my desktop, but it's just a graphics display glitch. Often times looks just like this.