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Cwlovell

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I need my LaserJet 5P to work as a network printer on a wireless network. Parallel to USB adapter to Router? Parallel to wireless adapter?

I have a new implementation of broadband into my house.  I will have a D-Link wireless router.  I would like to use my Laserjet 5P (parallel) as a network printer.  How can do this most reliably and ecomoically?  I could get a wireless router with a USB printer port and buy a parallel to USB adapter cord.  Or I could get a wireless adapter for a parallel printer.  Can you advise on what would work best to for me?  
Thanks,
C
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Cwlovell

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Thank you. I will look into this.
Assuming you are sharing your internet connection with your router, you don't need any additional hardware.

Install the printer on one computer:
Go to Control Panel > Printers
Right click on the printer > Select sharing > Make sure you're sharing the printer

On the second computer:
Go to Control Panel >Printers
Add a printer > Select "A network printer, or a printer attached to another computer
Browse for a printer > Microsoft Windows Network > double click the workgroup name find the printer.

Notes:
If you don't know your workgroup name or the name of the computer that the printer is on:
goto your desktop, and right click on my computer (or do control panel > system)
click on the Computer Name tab and name the computer and name the workgroup
make sure both computers have the name workgroup name. repeat the above steps.

the whole idea of a print server is that you do not need to have a host pc on in order to print. in the age of rising energy costs, every little bit helps. :)
I purchased a D-Link Parallel (Centronics) to RJ-45 (ethernet) adapter.  It was $29 (post rebates) at CompUSA this week.  Works perfectly.  Thanks everyone for a thoughtful series of answers.