Possible Explanation of Network Failure---SUCCESS!!!
The Parallels Support guys were fantastic. (Albeit a wait in line). Successful connection to the internet on the VM side basically only required changing the network from 'shared' to 'bridged'. It might not work for everybody but it is worth a try if you have a similar problem.
Not having received any assistance I Poked around and found the following. 'Network Diagnostics' on the Mac OS X side indicates that my 'network port configuration' for connection to the internet is 'Built-in Ethernet' whereas 'External Modem' is grayed out. Since I believe that I use an external modem to connect to my satellite internet source, I would have assumed that 'Built-in Modem' would have been the selected port. Of course, on the other hand, my Mac is connected to the internet. I remain confused and any and all suggestions would be gratefully received.
Last edited: Jun 25, 2007