Cheap eBook Store ?

I’ve read that the price for the kobo ereader is to be $150 for a limited time. What does that mean in this situation? Is the price going to rise or fall? Also, are there going to be other cheap, barebones ereaders later from the hundreds of companies at CTIA this year who had ebook readers or should I jump at this one?

"For a limited time" means just that, the price is only good for until a certain date. It’s frequently an introductory price or perhaps for the grand opening of a store, any excuse for a price cut. After the date specified the price goes up to the regular price.