Yes, out of range is the monitor's way of saying it can't understand the resolution being broadcast to it. It can either be too high... to low, or even just a resolution in between that the monitor doesn't recognize.
You'll need to select it in displays and adjust the resolution.
I would make sure the refresh rate is set at 60hz as well. As this is the default refresh rate for most lcd monitors.
A 17 inch widescreen should have a native resolution of
or 1280x1024 for a square or 4:3 display aspect.