Make sure there is no conflict in default routes between your LAN network and VMware guest network if you are using NAT. If using bridged, this isnt a problem because the Host and Guest are on the same network.
If your Host's network mask is 255.255.0.0, all IP's starting with 192.168 will be sent to your router instead of router internally to the guest. You may not have a problem if you are using a 255.255.255.0 mask, as the IP's 3rd octet's are different.
When using NAT, I strongly recommend sticking to a completely different private IP addressing scheme than the host.
If you want the server accesible to other computers on the LAN, I recommend using bridged mode instead of NAT. This will allow the guest OS to see the network just as your Host does, giving it an IP in the same subnet, and allowing full communication to other LAN computers and the internet.
If using NAT, you will need to configure rules to allow connections to the guest from the network.