stripslashes() is a function, it returns a value- you have to catch that value in a variable, thus:
$newbob=stripslashes($bob);
Alternatively, if you wish to return the value directly into the original variable, you can do it this way:
stripslashes(&$bob);
you might wanna look that up tho, i rarely use it so the syntax might be wrong. It's in the Variables section of the php manual.
Arta.