A couple of notes: 1) wog is correct in his changes, but you need to set the socket option SO_REUSEADDR like this

$server = ...
setsockopt $server, SOL_SOCKET, SO_REUSEADDR, 1;
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or it may be "some time" before the socket is available for reuse. If you are on *NIX see the bind(2) manual. 2) Setting LocalAddr to localhost is probably not what you want. If you want connections from other computers, use INADDR_ANY or just don't set LocalAddr.

HTH, --traveler