match on: ^TO or ^Subject

why doesn't this work

* ^TO luomat|^Subject: [peak]

actually it is part of this:

:0c
* ! ^Sender: nextppp(_at_)chinx1(_dot_)ThoughtPort(_dot_)COM
* ! ^FROM_DAEMON
* ! ^X-Mailing-List:
* ! ^X-Loop: TopTen(_at_)pobox(_dot_)com
* ! ^Subject: Read Receipt
* ^TO luomat|^Subject: [peak]

Thanks
TjL