I can imagine the firestorm that may ensue after I provide my recommendation...Knives are intensely debated here on the forum...

I'm no expert on fine cutlery or grades of steel or whathave you, but for that price range I'd look into the Gerber Parafram II. I have one that I EDCed before I got my own RSK M1 and it served me well. Break it in with a little oil and it opened real smooth, it took a shaving sharp edge without too much work, and I had it with me this past summer out on the sea and the stainless steel held up just fine - no rust (can't say the same for my Leatherman Wave). I've cut line, cleaned game, and opened hundreds of boxes with it. It's a decent knife for that price range.

That's my $0.02, hope it helps.

Matt