Getting values from a string...

[desquite]

I'm getting some data returned to me that looks like this:

F:c:\myfile.ext   M:300   T:654654065 120 TEST   Y:EXT

Each uppercase letter combined with a ':' represents a different field. Is there an easy way to extract these field values and put them in a format like this:

Filename:     c:\myfile.ext
Number:       300
Value:        654654065 120 TEST
etc...

There must be an easy way to get those values but I don't know how. Thanks for your help!