I would take a look at a Pfleuger president and spend the rest on other gear. Shimano has some offerings in that range (Symetre is $100 I think?), but up until you ht the Stradic and above I think the Pfleuger reels are better, especially bang for your buck. You could even look into the higher pfleuger reels, believe they have a magnesium reel around $100 (Supreme Mg/XT).

I've just been happy with the Pfleuger reels I own, don't think you'll see a huge increase in performance until you get to the Stradic...just my opinion though. Also been happy with Abu cardinals spinning reels so that may be another (cheap) alternative to look into.