I wouldn't give up completely on that monitor just yet. If you managed to uplug it before it got too waterlogged there might be a chance that it might eventually be alright. Just try and drain the water out of it, and let it sit for a few days in a dry place before plugging it back in. killeena's right if it is toasted, usually though it will cost more to fix it than to just buy a new one.
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Charlie was a chemist but Charlie is nomore, what Charlie thought was H2O was H2SO4
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