I have no idea if it will fix the problem. It's a great program (I have the Pro version, and wholeheartedly recommend it). But I'm not convinced that this is a reference problem. I'd be more inclined to think it's a device conflict or a registry issue.

But Ajax thinks it's a bad reference, and I would never bet against him!

Probably wouldn't hurt to download and run CorrectReference (there's a free version).