Anyone have problems with their pc hanging when static IP is assigned?

I have a Dell E6500 with XP loaded and it’s part of a domain. It boots fine when in DHCP mode, but when I assign a static IP, it hangs during boot-up on “configuring settings.” I thought it was a DNS issue, but I don’t see any problems on the DNS server. I have assigned two different static IPs and have had the problem with both. Any suggestions?