Consider the spaces of pseudodifferential operators between tensor density modules over the line as modules of the Lie algebra of vector fields on the line. We compute the equivalence classes of various subquotients of these modules. There is a 2-par
ameter family of subquotients with any given Jordan-Holder composition series. In the critical case of subquotients of length 5, the equivalence classes within each non-resonant 2-parameter family are specified by the intersections of a pencil of conics with a pencil of cubics. In the case of resonant subquotients of length 4 with self-dual composition series, as well as of lacunary subquotients of lengths 3 and 4, equivalence is specified by a single pencil of conics. Non-resonant subquotients of length exceeding 7 admit no non-obvious equivalences. The cases of lengths 6 and 7 are unresolved.
