Say this is your select list :
<select id="testdropdown">
<option value="1">Option1</option>
<option value="2" selected="selected">Option2</option>
<option value="3">Option3</option>
</select>
var sel = document.getElementById("testdropdown");
var optionValue = sel.options[sel.selectedIndex].value;
var optionText = sel.options[sel.selectedIndex].text;
o/p
optionValue = 2
optionText = Option2
So check whether your select list have the value.