Holden 68,...Have you thought about binoculars??for that kind of budget you could certainly buy a very nice pair.
If you know somebody with a pair see if you can have a lend for a clear night and just have a look up when its dark and clear..beleive me you will both be amazed at what you can see!!
Say for instance you buy a pair for $200.00 You will get EXCELLANT value for money and it will be MUCH easier to find your way around when "looking up"
If you rush out and buy a telescope you may find in a month or two you cant see much and get bored.IMO only.
The last thing you want is to have a piece of optical equipment collecting dust and regreting buying it when the opportunity of stargazing is so gratifying.
hope this is of some help and good luck
