<select name="test">
<option value="">请选择</option>
<option value="1">123</option>
<option value="2">456</option>
<option value="3">789</option>
</select>
var selIndex = document.all.test.selectedIndex;
var selText = document.all.test.options[selIndex].text;
var selValue = document.all.test.options[selIndex].value;