Purchasing Digital camera nikon s700

I would intention to buy my first digital camera and as brand I'd have chosen Nikon s700. Is it a good choice? Advantages and disadvantages? I'm absolutely a beginner and I'll use the camera only for amatorial use. Furthermore my budget for the purchase is about 250 $. Are there others brand/model I can see in alternative to nikon s700?
Thanks in advance. ;)
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