Yes, you can read about it here:
Re: Use Versalink 327W with cable modem - dslreports.com
Or, I guess could just paste it over for reference:
1. Go to Configuration / Advanced WAN / WAN
2. Change WAN port from DSL ATM to ETHERNET PORT 1
3. Make sure that it is set up as a Routed Bridge
4. Once modem resets, select WAN again from the Advanced WAN menu
5. Click the "Edit" button
6. Change the DHCP to enabled
7. Save your changes
8. Turn off both cable and dsl modem
9. Turn on cable modem first, then dsl modem after a couple of seconds.