You can use css ellipsis;
but you have to give fixed width and overflow:hidden:
to that element.
<span style="display:block;text-overflow: ellipsis;width: 200px;overflow: hidden; white-space: nowrap;">_x000D_
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat._x000D_
</span>
_x000D_