Because standard computer keyboards and fonts do not contain the mathematical symbols, most plain text renditions of equations and inequalities use a different set of symbols from what you may have learned in school; these are more or less the same as the ones found in computer languages such as fortran and basic, which were designed to be written in plain text.
The caret is "raise to the power of," "sqr" is the square root, and other roots can be represented by fractional powers (a cube root is equivalent to ^1/3, for example). Because there is no division sign, the slash is used for both division and fractions, since they are functionally equivalent, and the asterisk is used for multiplication. Inequalities are represented by the greater-than and less-than symbols, as always, but because there is no combination symbol, "less than or equal to" is represented by the two symbols in succession, "greater than or equal to" similarly, and "not equal to" is represented by the two inequality symbols back-to-back, thus: <>.