Ok I don't know whether I need a new monitor or a new cable or something else is stuffed up here.
When I turn my (old) computer on (that i recently set back up), it usually gets to the login screen (it's only using Windows ME, will upgrade to XP once I am able to work it properly) and the monitor will turn off, and it makes the same noise when you push the button in to turn it on continuously and the light flashes.
Also, when I turn the monitor off then back on, only sometimes it displays and when it does it firstly displays fine then it slowly starts getting some small, scrolling, black lines then eventually turns off and creates the noise/flashing light.
Xplozive :D