Navigator 2.0, Internet Explorer 3.0
value is a read/write string property of the Text object. The initial value of value is specified by the VALUE attribute of the <INPUT> tag that defines the Text object. When the user types characters into the Text object, the value property is updated to match the user's input. If you set the value property explicitly, the string you specify will be displayed in the Text object. This value property contains the string that is sent to the server when the form is submitted.