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You don't mention what the aspect ratio is and what PD is doing. You might try to set project aspect ratio to what it should be, drop clip in timeline, right click on clip and use the "Set Clip Attributes" > "Set Aspect Ratio..." to define what you think the clip is.
Jeff
Thanks for the reply.
I may not have phrased the question the right way. Let me do it again and keep it simple.
When the vido is on the Timeline and in the PD monitor, it comes up stretched out. As mentioned, I've tried all the aspect ratios in the program and while they do change the aspect ratio, none of them render the video the right size. The video in the monitor is always too large. Maybe all I need to do is down size it, but I don't know how. Is there some way to "free form" re-size?
I hope this clarifies. I'm not an old hand at PD, but I have done a bunch of videos all with good results, but have never had this problem before.