diff --git a/OptionalPointee.html b/OptionalPointee.html
index 8b96a45..925a9ae 100644
--- a/OptionalPointee.html
+++ b/OptionalPointee.html
@@ -125,7 +125,7 @@ If both have invalid pointees, returns true.</p>
 inline
 bool less_pointees ( OptionalPointee const&amp; x, OptionalPointee const&amp; y )
 {
-  return (!x) != (!y) ? false : ( !x ? false : (*x) == (*y) ) ;
+  return !y ? false : ( !x ? true : (*x) < (*y) ) ;
 }
 template&lt;class OptionalPointee&gt;
 struct less_pointees_t : std::binary_function&lt;bool,OptionalPointee,OptionalPointee&gt;
diff --git a/include/boost/utility/compare_pointees.hpp b/include/boost/utility/compare_pointees.hpp
index e02aaf8..e580ae2 100644
--- a/include/boost/utility/compare_pointees.hpp
+++ b/include/boost/utility/compare_pointees.hpp
@@ -52,7 +52,7 @@ template<class OptionalPointee>
 inline
 bool less_pointees ( OptionalPointee const& x, OptionalPointee const& y )
 {
-  return !y ? false : ( !x ? false : (*x) < (*y) ) ;
+  return !y ? false : ( !x ? true : (*x) < (*y) ) ;
 }
 
 template<class OptionalPointee>