Abstract: The present invention is a precision suspension fork for bicycles. The fork utilizes a telescoping suspension system for each of its fork legs. The telescoping suspension system includes an outer tube, an inner tube slidably engaged with the outer tube, and a compression rod slidably engaged with the inner tube. The compression rod has a compression flange and a spaced apart rebound flange at a first end, and a positive stop clip at a location adjacent to, but spaced apart from an opposite second end.