Help on IFS command!

Hi!
I am working in korn shell. I want to reset the dimiliter for the set command to "|" but instead of a command prompt return I am getting something as below

After issuing the command I am getting this....as if the shell is expecting something else. Can anybody suggest what's the problem.

IFS=|
>

try
IFS="|"

cheers!

Thanks! It worked!