Wooowwww ... I couldn't believe so many responses so quickly
Thanks very much for your suggestions. I'm afraid it's not due to software or video driver as I have done a complete re-install back to factory state.
Yes I'm inclined to think it's the built-in video card, more specifically the video memory chips not refreshing fast enough. Being an upmarket model it has dedicated video memory rather than sharing with main so made no difference when I tried swapping the main RAM sticks.
And I'm too scared to open up the case to check the video card, hic... hic...
Will see if I can get a screen dump tomorrow, already past bedtime in Aus now.
Oh btw ... it's a 4-yr old Toshiba Tecra S1.