ActionScript 2.0 :: Combobox Component - Each Selection With Own Value

I'm trying to make a simple drop down list where each selection has its own value. I have a combobox with the following parameters.
Editable = false
Labels = choice1, choice2
Data = 0,1
Row Count = 8
Change Handler = blank

I have an instance name of "type" on the component. Now I have a dynamic text field with a var of "price" and on the first frame of my movie I have this code
if (_root.type == 0) {
_root.price = 10;
}
if (_root.type == 1) {
_root.price = 20;
}
But its not showing these values in my text field when I select those choices.