basic question about assigning ip address

[Peter Horst <phorst speakeasy net>]

I have a Fedora machine I'm using as a home server, without a keyboard 
or monitor. I'd like to set it up such that upon rebooting it first 
checks to see if there is a DHCP server on the network, and if so, grabs 
an ip address from it.  But if there isn't one, it assigns itself a 
static address.  Is this doable?

Thank you.