I suggest using \ldots in combination with the package ellipsis, because that gives you better control over spacing than .... Using \ldots alone (without ellipsis) is better than ... because it gives you more flexibility. For example, you may redefine the spacing by redefining \ldots. On the other hand, ellipsis makes it easy to fine tune spacing, and takes care of several other spacing issues, for example ellipsis in combination with another full stop.
In case you want to fine tune ellipsis, the distance between the dots is change simply by the command:
\renewcommand{\ellipsisgap}{0.1em} % or another value
Also, by adding the option [xspace], i.e.
\usepackage[xspace]{ellipsis}
terminating the \ldots command by \ is not necessary (but even xspace makes errors, as documented in the manual). If you use ellipsis, remember to load it after hyperref.
The package csquotes has the commands
\textelp{}
\textelp{<text>}
\textelp*{<text>}
that fill similar functions as ellipsis, and a lot of possibilities to automatically handle exception from the rules. For the same reasons, this is a better solution than ....
I recommend using \ldots with ellipsis (or substitutes), which gives better control over spacing, more flexibility and automatic typographical consistency in more situations.
...and\ldotsproduce rather similar output (but with the dots apparently raised noticeably above the baseline). Which document class and which specialized packages did you load to create this output? Please consider posting a MWE (minimum working example) that generates the output you show. – Mico Sep 21 '12 at 22:03a…banda … b. In the first case the ellipsis shows that there is a part of a word missing and the latter case shows that one or more words, i.e. a part of the sentence (is), are missing … – Tobi May 1 at 7:39