===================================================================
RCS file: /cvs/pod2mdoc/pod2mdoc.c,v
retrieving revision 1.22
retrieving revision 1.23
diff -u -p -r1.22 -r1.23
--- pod2mdoc/pod2mdoc.c	2014/04/03 16:50:32	1.22
+++ pod2mdoc/pod2mdoc.c	2014/04/07 11:46:03	1.23
@@ -1,4 +1,4 @@
-/*	$Id: pod2mdoc.c,v 1.22 2014/04/03 16:50:32 kristaps Exp $ */
+/*	$Id: pod2mdoc.c,v 1.23 2014/04/07 11:46:03 kristaps Exp $ */
 /*
  * Copyright (c) 2014 Kristaps Dzonsons <kristaps@bsd.lv>
  *
@@ -187,12 +187,18 @@ trylink(const char *buf, size_t *start, size_t end, si
 	 * Scan to the start of the terminus. 
 	 * This function is more or less replicated in the formatcode()
 	 * for null or index formatting codes.
+	 * However, we're slightly different because we might have
+	 * nested escapes we need to ignore.
 	 */
 	stack = 0;
 	for (linkstart = realend = *start; realend < end; realend++) {
+		if ('<' == buf[realend])
+			stack++;
 		if ('>' != buf[realend])
 			continue;
-		else if (dsz == 1)
+		else if (stack-- > 0)
+			continue;
+		if (dsz == 1)
 			break;
 		assert(realend > 0);
 		if (' ' != buf[realend - 1])