What's your justification for this statement? The self description on the web page? Look at the date on the bottom of the page:
$Date: 1998/02/20 05:08:40 $

If you hang around here for very long, it would be pretty clear that CGI is the de facto library for creating cgi scripts.

As for your question: The only information that is submitted to your cgi program is the value inside the option tag. So you either have to put the desired text in the value attribute, or you have to map the value attributes to some text within the cgi program. Moreover, you probably don't want to have the image names in the value tags; choose a simple alias to place in the value attributes, and then map that value to the appropriate text and file name within the program.