Why does my computer self-assign an IP address whenever I rest the network?

All of a sudden both my wife's and my MacBook Pro dropped their internet connections (Verizon FIOS).  I spent a long time with the Verizon tech person and he suggested that I post here.
My computer is running Mountain Lion and my wife's is running Lion.
Thanks.
Jon

Rest the network? Why would you do that?  It's not like it builds up lactic acid. Actually turning electrical devices on/off can actually degrade performance/reliability over time.
When MacOS loses connection with the network it will self-assign an IP address.. see above.  Turn the network back on, and I suspect it reconnects. No?
If you recently upgraded to M/L I suggest you go into System Preferences/Network, delete the Wifi service ("-") and then recreate it ("+").  Do the same with the Ethernet service connection. Also, use WPA2 for router/network security.
Then repair permissions.
BTW, I use Verizon FIOS and experience no problems.

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