Hi there,
What you need is a little javascript to make this work, the following is an example:
var value1 = document.getElementById('list1').options[document.getElementById('list1').options.selectedIndex].value;
var value2 = document.getElementById('list2').options[document.getElementById('list2').options.selectedIndex].value;
var value3 = value1 + '--' + value2 + '-';
document.getElementById('text_box).value = value3;
Just put this code between some script tags at the top of your page, correct the element ID's to match your html and call the function from your second "select" element's onchange attribute.