Is it possible to alter the color range for a laptop screen or PC monitor?

I have run into a display problem on my laptop:

• black color is displayed as red;
• white color is displayed as turquoise.

I knew the reason was one of the two - the cable coecting display to motherboard, or the display itself. Exteal monitor displays no distortions. I ordered a cheap replacement cable, it did not help, so I know the display is the problem.

What I wonder about is - if it's possible to change the colors of the display:

• Instead of black it would display a very dark shade of grey;
• instead of white a very light shade of grey.

Basically I want to alter the color diapason display shows. I want to take away colors on both ends of the range, and replace them with dark or light grey.

Any ideas on if this is possible?

These link1, link2 describe the same problem I have. But instead of ordering a new screen I want to find a workaround.

Laptop is Acer 5551-a, uses 32 bit color mode.