There are a few things you don't need in your script and I have changed it to Joomla 2.5 coding standards:
define('_JEXEC', 1);
define('JPATH_BASE', realpath(dirname(__FILE__)));
require_once ( JPATH_BASE .'/includes/defines.php' );
require_once ( JPATH_BASE .'/includes/framework.php' );
require_once ( JPATH_BASE .'/libraries/joomla/factory.php' );
$db = JFactory::getDBO();
$query = $db->getQuery(true);
$query->select('introtext')
->from('#__content')
->where('id = 260');
$db->setQuery($query);
$fullArticle = $db->loadResult();
echo $fullArticle;
Hope this helps