@echo off & setlocal enableextensions
rem enabledelayedexpansion
set S= This is a test
echo %S%.
for /f "tokens=* delims= " %%a in ('echo %S%') do set S=%%a
echo %S%.
endlocal & goto :EOF
from http://www.netikka.net/tsneti/info/tscmd079.htm
for removing leading spaces.