Yes, I can replicate this exactly - same issue - please refer:

https://answers.launchpad.net/ubuntu/+question/13064

It seems DHCP is the issue.  Here is more info from my system  logs:


Sep  9 13:00:58 palantir avahi-daemon[5314]: No service found in 
/etc/avahi/services.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Joining mDNS multicast group on 
interface eth0.IPv4 with address 192.168.1.30.
Sep  9 13:00:58 palantir avahi-daemon[5314]: New relevant interface eth0.IPv4 
for mDNS.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Network interface enumeration 
completed.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Registering new address record for 
fe80::21c:23ff:fe92:b82e on eth0.*.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Registering new address record for 
192.168.1.30 on eth0.IPv4.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Registering HINFO record with 
values 'I686'/'LINUX'.
Sep  9 13:00:58 palantir NetworkManager: <information>^Inm_device_init(): 
device's worker thread started, continuing.
Sep  9 13:00:58 palantir NetworkManager: <information>^INow managing wired 
Ethernet (802.3) device 'eth0'.
Sep  9 13:00:58 palantir NetworkManager: <information>^IDeactivating device 
eth0.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Withdrawing address record for 
192.168.1.30 on eth0.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Leaving mDNS multicast group on 
interface eth0.IPv4 with address 192.168.1.30.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Interface eth0.IPv4 no longer 
relevant for mDNS.
Sep  9 13:00:58 palantir avahi-daemon[5314]: Withdrawing address record for 
fe80::21c:23ff:fe92:b82e on eth0.
Sep  9 13:00:58 palantir NetworkManager: <information>^IWill activate wired 
connection 'eth0' because it now has a link.

...
...

and then later:

Sep  9 13:01:00 palantir ntpd[5676]: ntpd [EMAIL PROTECTED] Wed Mar  7 20:43:30 
UTC 2007 (1)
Sep  9 13:01:00 palantir ntpd[5677]: precision = 1.000 usec
Sep  9 13:01:00 palantir ntpd[5677]: Listening on interface wildcard, 
0.0.0.0#123 Disabled
Sep  9 13:01:00 palantir ntpd[5677]: Listening on interface wildcard, ::#123 
Disabled
Sep  9 13:01:00 palantir ntpd[5677]: Listening on interface lo, ::1#123 Enabled
Sep  9 13:01:00 palantir ntpd[5677]: Listening on interface lo, 127.0.0.1#123 
Enabled
Sep  9 13:01:00 palantir ntpd[5677]: kernel time sync status 0040
Sep  9 13:01:00 palantir ntpd[5677]: frequency initialized 5.764 PPM from 
/var/lib/ntp/ntp.drift
Sep  9 13:01:00 palantir NetworkManager: <information>^IDHCP daemon state is 
now 1 (starting) for interface eth0
Sep  9 13:01:01 palantir ntpd[5677]: sendto(192.168.1.20) (fd=16): Network is 
unreachable
Sep  9 13:01:02 palantir dhclient: DHCPREQUEST on eth0 to 255.255.255.255 port 
67
Sep  9 13:01:02 palantir dhclient: DHCPACK from 192.168.1.23
Sep  9 13:01:02 palantir avahi-daemon[5314]: Joining mDNS multicast group on 
interface eth0.IPv4 with address 192.168.1.30.
Sep  9 13:01:02 palantir avahi-daemon[5314]: New relevant interface eth0.IPv4 
for mDNS.
Sep  9 13:01:02 palantir avahi-daemon[5314]: Registering new address record for 
192.168.1.30 on eth0.IPv4.
Sep  9 13:01:02 palantir NetworkManager: <information>^IDHCP daemon state is 
now 4 (reboot) for interface eth0
Sep  9 13:01:02 palantir NetworkManager: <information>^IActivation (eth0) Stage 
4 of 5 (IP Configure Get) scheduled...
Sep  9 13:01:02 palantir NetworkManager: <information>^IActivation (eth0) Stage 
4 of 5 (IP Configure Get) started...
Sep  9 13:01:02 palantir dhclient: bound to 192.168.1.30 -- renewal in 17345 
seconds.
Sep  9 13:01:02 palantir NetworkManager: <information>^IRetrieved the following 
IP4 configuration from the DHCP daemon:
Sep  9 13:01:02 palantir NetworkManager: <information>^I  address 192.168.1.30
Sep  9 13:01:02 palantir NetworkManager: <information>^I  netmask 255.255.255.0
Sep  9 13:01:02 palantir NetworkManager: <information>^I  broadcast 
192.168.1.255
Sep  9 13:01:02 palantir NetworkManager: <information>^I  gateway 192.168.1.20
Sep  9 13:01:02 palantir NetworkManager: <information>^I  nameserver 
192.168.1.20
Sep  9 13:01:02 palantir NetworkManager: <information>^I  domain name 
'linicks.net'


So it seems DHCP goes a bit AWOL.  

BTW, using a static IP works perfectly fine.

Nick

-- 
ntp is being brought up before network is ready, causing ntp to not resolve any 
ip or host names and it appears ntp does not recover
https://bugs.launchpad.net/bugs/114505
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