Parallels 4 - No Internet???

Hello,

So here is the story... I was using Parallels 3 with Windows XP Pro SP2. Everything worked great. Then I upgraded to Snow Leopard. I upgraded to Parallels 4 (build 3846) and continued to use Windows XP Pro SP2. I now have the following problem:

I cannot connect to the Internet in Windows XP. I am connected to the Internet via a Ethernet cable here in my dorm room. Under the Devices menu, It shows that I am using Ethernet (Bridged). Under the configure option, It says Network Adapter 1 with the Connected box checked, and the Bridged Ethernet option selected.

Everytime I try to open IE in Windows XP, it never connects. Under the Windows XP connection status, it says "Local Area Connection 3 Status; Limited or no connectivity --> you might not be able to access the internet or some resources. This problem occurred because the network did not assign a network address to the computer."

I have tried to search the forums for a solution, but haven't been able to find anything. I have uninstalled and reinstalled both Parallels 4 and Windows XP twice. It doesn't fix the problem... Any ideas or suggestions?

Thanks!