Bridge mode completely disables my Lan connection on my Mac

Once I try and use Bridge mode; my Lan connection drops.. My Ethernet still shows green on my Mac Network Preferences... I just get no network activity of ANY kind.. Even after I shut down Parallels. I have to restart my Mac in order for my network card to start working again.
Windows 7 is the guest OS. It is set for DHCP. I've generated a new Mac address as well.. no change.

 

Hi Adam, please follow the steps suggested at, http://kb.parallels.com/8978 and check how it goes.