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rdean... Bingo! Simply rebooting the Mac after the permission fix did the trick. Should have thought of that... thanks for the clue. Jay
Same here... after the update, my non-Bootcamp VM doesn't get network connectivity. I tried the permission repair, and restarted Parallels, but no...
Just right-click on the shared folder icon you created (mine is on the desktop) and select "Map network drive..." Select an unused drive letter...