Bad Windows Explorer entry

Hi,
I have a Windows Explorer entry that has a bad local network disk address. It has 192.168.1.4 and it should be 192.168.1.5.
This is a shared drive on a local network.
The entry is under Computer and is :
WD My Book World Edition (Public)
I can not right click it to get to properties, that stalls Explorer and I have to go to task manager to stop the process.
I need instructions on how to access this entry to change it or just delete it.
Thanks
Frank C

Welcome
Have you tried this method?
How to Change a Local LAN Ethernet Address With Vista | eHow.com

Thanks for the reply richc46.
One of my options was to delete the entry.
My "should have been obvious" solution:
Simply drag the offending entry from the Windows Explorer Navigation pane to the recycle bin.
That Worked!
Frank C