-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JAKC0+ElKj/AB75QljFY3XaRhQOde40XgAXHik0GVLJAcZcRxlsmgqEJq5wGRmnm PQeEI8Ps0bThJR7/revehQ== 0001213206-08-000020.txt : 20080505 0001213206-08-000020.hdr.sgml : 20080505 20080505101231 ACCESSION NUMBER: 0001213206-08-000020 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080505 DATE AS OF CHANGE: 20080505 EFFECTIVENESS DATE: 20080505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0001213206 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12098 FILM NUMBER: 08800989 BUSINESS ADDRESS: STREET 1: P.O. BOX 771 CITY: HUNT VALLEY STATE: MD ZIP: 21030 13F-HR 1 form13f0308.txt FORM 13F FOR 1Q2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/2008 Check here if Amendment [ ]; Amendment Number _____________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager filing this Report: Name: Marathon Capital Management Address: 4 North Park Drive, Suite 106 Hunt Valley, MD 21030 Form 13F File Number: 28-12098 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statement, schedules, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: James G. Kennedy Title: President Phone: 410-329-1522 Signature, Place, and Date of Signing: James G. Kennedy Hunt Valley, MD May 5, 2008 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report) [ ] 13F NOTICE (Check here if no holdings reported are in this report, and all holding are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT (Check here if a portion of the holding for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary Number of Other Included Managers: None Form 13F Information Table Entry Total: 95 Form 13F Information Table Value Total: $93,236 (thousands) List of Other Included Managers: None Provide a number list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE TITLE OF VALUE SHR OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRTN MNGRS SOLE SHRD NONE A T C Healthcare Cl A COM 00209C102 241 4246600 SH SOLE 935000 0 0 ABB Limited COM 000375204 3066 113250 SH SOLE 0 0 Alaska Communications COM 01167P101 368 30500 SH SOLE 0 0 Alpha Pro Tech Ltd COM 020772109 48 41000 SH SOLE 0 0 Alturas Minerals Corp COM 022143101 53 200000 SH SOLE 200000 0 0 American Bio Medica COM 024600108 1075 1563129 SH SOLE 20000 0 0 American Oil & Gas Nev COM 028723104 2882 900468 SH SOLE 53300 0 0 Arena Pharmaceuticals COM 040047102 68 10000 SH SOLE 0 0 Artes Medical Inc COM 04301Q100 13 10000 SH SOLE 0 0 Aspenbio Pharma Inc COM 045346103 2485 447980 SH SOLE 1500 0 0 Atlas Mining Co COM 049375108 1643 2714150 SH SOLE 345600 0 0 Auriga Labs COM 05155L105 5 175000 SH SOLE 60000 0 0 Axt Inc COM 00246W103 4410 912039 SH SOLE 4000 0 0 Bank Of America Corp COM 060505104 248 6546 SH SOLE 0 0 Baxter International Inc COM 116794108 570 9785 SH SOLE 0 0 Bluebook Intl Hldg New COM 09608Q208 11 50000 SH SOLE 50000 0 0 Bruker Biosciences Corp COM 116794108 1889 124250 SH SOLE 0 0 Cadus Corp COM 127639102 233 130000 SH SOLE 130000 0 0 Calamos Strgc Tot Ret Fd COM 128125101 192 15855 SH SOLE 0 0 Chevrontexaco Corp COM 166764100 269 3153 SH SOLE 0 0 Cisco Systems Inc COM 17275R102 312 12951 SH SOLE 0 0 Coca Cola Compsny COM 191216100 319 5375 SH SOLE 0 0 Cohen & Steers Select Fd COM 19248A109 335 14823 SH SOLE 0 0 Comcast Corp COM 20030N408 271 11500 SH SOLE 0 0 Compumed Inc New COM 204914402 323 1159000 SH SOLE 796000 0 0 Corning Inc COM 219350105 422 17555 SH SOLE 0 0 Corts Tr IV IBM COM 22082G208 300 11700 SH SOLE 0 0 Crossroads Systems Inc COM 22765D100 486 631500 SH SOLE 511000 0 0 Defined Strategy Fund COM 24476Y100 181 10194 SH SOLE 0 0 Disaboom Inc COM 25459T109 297 235455 SH SOLE 230455 0 0 Disney Walt Hldg Co COM 254687106 211 6710 SH SOLE 0 0 Du Pont E I De Nemour&Co COM 263534109 951 20300 SH SOLE 0 0 Duke Energy Corporation COM 26441C105 834 46578 SH SOLE 0 0 Evans & Sutherlnd Computr COM 299096107 152 200000 SH SOLE 200000 0 0 Exxon Mobil Corporation COM 30231G102 976 11501 SH SOLE 0 0 Fortune Divrsfd Inds New COM 34963X200 32 16000 SH SOLE 0 0 G S E Systems Inc COM 36227K106 5781 706694 SH SOLE 2225 0 0 General Electric Company COM 369604103 2235 60749 SH SOLE 0 0 Genvec, Inc. COM 37246C107 1320 725400 SH SOLE 3000 0 0 Golden Odyssey Mining COM 38113R104 125 1225000 SH SOLE 1225000 0 0 Great Lakes Dredge Corp COM 36238T104 92 17500 SH SOLE 0 0 GTC Biotherapeutics Inc COM 36238T104 829 1527950 SH SOLE 5000 0 0 Healthextras Inc COM 422211102 292 11750 SH SOLE 0 0 Honeywell International COM 438516106 236 4153 SH SOLE 0 0 Intel Corp COM 458140100 1278 60263 SH SOLE 0 0 Intermap Tech Corp COM 458977204 4625 833000 SH SOLE 0 0 Intl Business Machines COM 459200101 756 6469 SH SOLE 0 0 Johnson & Johnson COM 478160104 740 11396 SH SOLE 0 0 Landec Corporation COM 514766104 235 28000 SH SOLE 0 0 Lapolla Industries Inc COM 516648102 249 430000 SH SOLE 430000 0 0 Liberty All Star Eq Fd SH BEN 530158104 323 50500 SH SOLE 0 0 Liberty Global Ser C COM 530555309 89 79654 SH SOLE 0 0 Lpath COM 548910108 1799 1056300 SH SOLE 176850 0 0 MCF Corp COM 580395309 61 15500 SH SOLE 0 0 Merck & Co Inc COM 589331107 303 7976 SH SOLE 0 0 Micromem Tech Inc COM 59509P106 83 37500 SH SOLE 0 0 Microsoft Corp COM 594918104 706 24718 SH SOLE 0 0 Millennium Cell Inc COM 60038B105 1 10000 SH SOLE 0 0 MMC Energy Inc New COM 55312Q208 35 10000 SH SOLE 0 0 Multiband Corp. COM 62544X100 517 306240 SH SOLE 0 0 N G P Capital Resources COM 62912R107 196 11950 SH SOLE 0 0 Nanologix Inc COM 630076107 187 2680000 SH SOLE 2380000 0 0 New Horizons Worldwide COM 645526104 425 250000 SH SOLE 250000 0 0 P H C Inc Mass Cl A CLS A 693315103 5407 1881300 SH SOLE 131350 0 0 Paradigm Holdings Inc COM 69901V106 30 57398 SH SOLE 57398 0 0 Pfizer Incorporated COM 717081103 870 41602 SH SOLE 0 0 Philip Morris Int'l COM 718172109 254 5025 SH SOLE 0 0 Procter & Gamble Co COM 742718109 1423 20477 SH SOLE 0 0 Provident Energy Trust COM 74386k104 160 15000 SH SOLE 0 0 Puget Energy Inc COM 745310102 222 8600 SH SOLE 0 0 Qualcomm Inc COM 747525103 284 6928 SH SOLE 0 0 Quanta Services COM 74762E106 1579 68128 SH SOLE 0 0 Ramtron Intl Corp COM 751907304 1473 359254 SH SOLE 0 0 Renegy Holdings Inc COM 75845J109 229 53181 SH SOLE 48250 0 0 Rowe T Price Group COM 74144T108 345 6900 SH SOLE 0 0 Southern Union Co com 844030601 221 8950 SH SOLE 0 0 Southwest Water Company COM 845331107 585 52712 SH SOLE 0 0 Stockeryale Inc New COM 86126T203 1122 2200000 SH SOLE 13000 0 0 Strategic Diagnostics Inc COM 862700101 93 25000 SH SOLE 0 0 Telanetix Inc. COM 879180107 2492 1741850 SH SOLE 10000 0 0 TeleCommunication Sys. COM 87929J103 9621 2907905 SH SOLE 263300 0 0 Templeton Global Incm Fd COM 880198106 825 86650 SH SOLE 0 0 Time Warner Inc COM 887317105 202 14406 SH SOLE 0 0 Treasure Isle Royalty Tr COM 894626209 18 50000 SH SOLE 50000 0 0 U C N Inc COM 902636109 4451 1452512 SH SOLE 0 0 U.S. Bancorp COM 902973304 803 24671 SH SOLE 0 0 Umpqua Holdings Corp COM 904214103 281 18100 SH SOLE 0 0 Varian Medical Systems COM 92220P105 209 4458 SH SOLE 0 0 Veri-Tek Intl Corp COM 92342X101 2086 449450 SH SOLE 0 0 Verizon Communications COM 92343V104 301 8246 SH SOLE 0 0 Versar COM 925297103 4496 720600 SH SOLE 0 0 Vical, Inc. COM 925602104 2214 624950 SH SOLE 1000 0 0 Wal-Mart Stores COM 931142103 481 9125 SH SOLE 0 0 Wells Fargo Cap Tr COM 94976Y207 251 10400 SH SOLE 0 0 White Mountain Titanium COM 864109102 531 530600 SH SOLE 460600 0 0
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