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Molex connectors have 2 ground wires ( the black ones ) and two power wires ( one 12v the other 5v ). I never remember which is which, but that isn't hard to figure out. At any rate, you can get 7 volts out of the molex connector, I just don't remember how...short of running a resistor off the 12v side to drop the voltage down to 7.
From the specs you provide, I'd say that you could run it off the 5v side without blowing anything, although it may try to pull more than 5v...which seems unlikely to me at the moment. Worse case scenario, you just won't get anything to show on that LCD.
Is this one of those small LCD screens you are talking about? 'bout the size of a Palm screen?
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