Ubuntu studio boots, though it starts to flash on monitor in black and white

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http://askubuntu.com – So, I installed ubuntu studio from DVD and the installation should work just fine. I assume the problem would be with hardware or BIOS? I have ATI Radeon Graphics Processor as graphics card and Asus M5A97 mobo. Bios hasn't ever been updated. Would there be some compatibility problem? (HowTos)