Help working with lines

Shell Programming and Scripting
1

Hello guys,

I have a little problem, i already have a txt file like:

-------------------
1
2
3
-------------------
2
3
4
5
-------------------
2
3
4

I need a script to merge in a single line al the lines between the '-------------------' line and to get a new file like:

1|2|3
2|3|4|5
2|3|4

Thanx for your help.

2 
nawk '$1=$1' RS='-' OFS='|' myFile
3

Thanx vgersh99 but my lines are words like:
-----------------
I am
You are
he is
-----------------
she is
it is
-----------------

And your script insert '|' in each space between words, i need an output like:

I am|you are|he is
she is|it is

please your help.

4

a lil' UUOC-ish, but..... - have to think about it.......

sed 's/^-*$//g' myFile | nawk '$1=$1' RS="" FS="" OFS="|"
5 
 awk '
  /^--*$/ && NR > 1 { print ""}
  /^--*$/ { print; next }
  { $1=$1; printf "%s|", $0 }'
6

perl:

$/="-----------------\n";
while(<DATA>){
	s/\n/|/g;
	s/[|]?-+[|]?//;
	print $_,"\n" if $_;
}
__DATA__
-----------------
I am
You are
he is
-----------------
she is
it is
-----------------