For under $100, I want to say that is nearly impossible.
If you wish to have a guitar in the $100 range, there are plenty of good ones, but expect around $150 or so.
Your best bet would be to stick with Ibanez, or Epiphone.
Here are some good guitars for the money:
http://www.google.com/products/catalog?hl=en&bav=on.2,or.r_gc.r_pw.r_qf.&biw=1280&bih=841&q=ibanez+electric&um=1&ie=UTF-8&tbm=shop&cid=10039810063972520644&sa=X&ei=pcNcULfIDYnq8wS2jIHIDA&ved=0CLQBEPMCMAc
http://www.google.com/products/catalog?q=ibanez+electric&hl=en&bav=on.2,or.r_gc.r_pw.r_qf.&biw=1280&bih=841&um=1&ie=UTF-8&tbm=shop&cid=9668973083342393924&sa=X&ei=wcNcUPa0Loyq8ATXzYCoCw&ved=0CJ4BEPMCMAI4Cg
http://www.google.com/products/catalog?q=ibanez+electric&hl=en&bav=on.2,or.r_gc.r_pw.r_qf.&biw=1280&bih=841&um=1&ie=UTF-8&tbm=shop&cid=6772941855308384524&sa=X&ei=4cNcUN4SkJjyBJzPgYAP&ved=0CKgBEPMCMAM4Hg
http://www.google.com/products/catalog?hl=en&biw=1280&bih=841&q=epiphone+electric&bav=on.2,or.r_gc.r_pw.r_qf.&um=1&ie=UTF-8&tbm=shop&cid=17088456263842153124&sa=X&ei=98NcUJqhFIH68QSg6IC4Aw&ved=0CJoBEOUNMAQ
http://www.google.com/products/catalog?hl=en&biw=1280&bih=841&q=epiphone+electric&bav=on.2,or.r_gc.r_pw.r_qf.&um=1&ie=UTF-8&tbm=shop&cid=14268539495537967104&sa=X&ei=98NcUJqhFIH68QSg6IC4Aw&ved=0CNABEPMCMAw