Title already says it, if a line contains more then one link, the output will be very weird:
3848384 Example <http://example.org>, Another Example <http://example.org/2>
ends up being parsed as:
(Time) <a href="http://example.org%3E%2C%20Another%20Example%20%3Chttp%3A%2F%2Fexample.org%2F2">Example</a>
or similar.