Prueba así:
 
<SCRIPT LANGUAGE="JavaScript">
function next_number(){
	var num_tal=document.forms[0].num_talonario.options.selectedIndex; 
	<%
	Dim Rs
	Set Rs = Server.CreateObject("ADODB.Recordset")
	Rs.ActiveConnection = MM_con1_STRING
	Rs.Source = 
"SELECT PROXIMO_NUM_HABILITADO FROM TALONARIOS WHERE ID=
'"&num_tal&
"'" 
	Rs.Open()
%>
    document.forms[0].recibo.value=<%=rs("PROXIMO_NUM_HABILITADO")%>;    
}
</script> 
A ver...