Hi again,
Looks like you are using OSX 10.3.X, which is what I have, so the screens/menus should be similar.
The way I ended up doing it (hardwired... I also had it wireless, but have better speed wired... left the printer wireless tho). Go to the upper left Apple Logo, click, "Location" > "network preferences". Once inside, you see 'Location' > choose "Automatic"; next you see 'Show' > choose "Built-in Ethernet"; click the (TCP/IP) button; next, under 'Configure IPv4' choose "Using DHCP"... do no more on this menu... click the upper (Ethernet) button; down to 'Configure' > choose "Automatically".
If you were plugged in with the ethernet while doing this, all the numbers should of come up while you were watching, don't forget to click (Apply Now) at the bottom right.I have noticed that my (Renew lease) is not there anymore, must not be needed... in the Auto mode. The other upper options (PPPoE - AppleTalk - Proxies) are out of this picture, they do not apply.
If done this way, you should have the best of both worlds, sleep and wake with out reseting each time.
PS: The first time I did this after clicking apply, I had to leave it plugged in, but shut it down and restart it for the router/computer to line-up (or whatever they do). Leave the ethernet plugged in around the clock, in sleep, the ethernet is out of service, until you wake it up. Once we lost power, and the router shut down while plugged in, had to do the computer shut-down/ restart to get it back.
Have Fun