Reruns;

 

Who needs sparkle? Toronto-based Officeland Inc. makes its money finding new homes for old typewriters, photocopiers, and computers, which it gets from banks and other companies, often splitting the profit. "The concept is unique," says Franklin Wolf, chairman and president of F.N. Wolf & Co., which managed the company's $2.4-million IPO. "We never thought of it as a glamour stock." Nevertheless, Officeland, which came out at $3.50 last January, has since traded at over $7.