To write some content into some file or read content from file and wants to store all file content in one variable and wants to dispaly this as a alert or some thing the following program will be helpful.This works in Internet Explorer.
Code:
<HTML>
<HEAD>

<SCRIPT language="JavaScript">

function WriteAndReadFile()
{
   var fso  = new ActiveXObject("Scripting.FileSystemObject");
   var fh = fso.CreateTextFile("D:\\Test.txt", true);
   fh.WriteLine("Text Example 1");
   fh.WriteLine("Text Example 2");
   fh.WriteLine("Text Example 3");
   var f;
   var str;
   f = fso.OpenTextFile("D:\\Test.txt", 1);
   var s=f.ReadLine();
   s=s+"\n"+f.ReadLine();
   s=s+"\n"+f.ReadLine();
   alert(s);
   f.Close();      

}

</SCRIPT>
</HEAD>

<BODY>
<P>
<SCRIPT language="JavaScript">  WriteAndReadFile(); </SCRIPT>
</P>
</BODY>
</HTML>