I have a Viewsonic 19" and it has a horizontal size control, so you can probably adjust the stretching. I've never used it, and I can't check at the moment, but if you have access to one, set the resolution of the PC to some 4:3 res and see if you can adjust it on the monitor.
Failing that, most new video cards come with scalers for dealing with digital flat panels, in case you ever get a new card.
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