-----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, EbgV3RT767jtufjOrSRTgj8KlW27HL2Phyb79QXt4J1cZKPydt8alB2rsUwhZKKJ Ka1o07K8u+tIeXy/IJZpHg== 0001213206-08-000024.txt : 20081110 0001213206-08-000024.hdr.sgml : 20081110 20081110093252 ACCESSION NUMBER: 0001213206-08-000024 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080930 FILED AS OF DATE: 20081110 DATE AS OF CHANGE: 20081110 EFFECTIVENESS DATE: 20081110 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: 081173595 BUSINESS ADDRESS: STREET 1: P.O. BOX 771 CITY: HUNT VALLEY STATE: MD ZIP: 21030 13F-HR 1 form13f-0908.txt MARATHON CAPITAL 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/2008 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 November 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: 85 Form 13F Information Table Value Total: $83,801 (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 ABB Limited COM 000375204 1916 101150 SH SOLE 0 0 Advanced Photonix Cl A COM 00754E107 219 125000 SH SOLE 125000 0 0 Alaska Communications COM 01167P101 350 30000 SH SOLE 0 0 Alturas Minerals Corp COM 022143101 46 250000 SH SOLE 250000 0 0 American Bio Medica COM 024600108 852 1738173 SH SOLE 30000 0 0 American Oil & Gas Nev COM 028723104 1939 897568 SH SOLE 53300 0 0 Arena Pharmaceuticals COM 040047102 50 10000 SH SOLE 0 0 Artes Medical Inc COM 04301Q100 8 10000 SH SOLE 0 0 Aspenbio Pharma Inc COM 045346103 3954 718030 SH SOLE 5500 0 0 Atlas Mining Co COM 049375108 1099 2742650 SH SOLE 320600 0 0 Axt Inc COM 00246W103 1665 847689 SH SOLE 4000 0 0 Bank of America Corp COM 60505104 227 6499 SH SOLE 0 0 Baxter International Inc COM 116794108 633 9755 SH SOLE 0 0 Bluebook Intl Hldg New COM 09608Q208 10 50000 SH SOLE 50000 0 0 Bruker Biosciences Corp COM 116794108 1381 107250 SH SOLE 0 0 Cadus Corp COM 127639102 188 125000 SH SOLE 125000 0 0 Calamos Strgc Tot Ret Fd COM 128125101 111 12855 SH SOLE 0 0 Catalyst Health Solutions COM 14888B103 290 11100 SH SOLE 0 0 Chevrontexaco Corp COM 166764100 216 2624 SH SOLE 0 0 Cisco Systems Inc COM 17275R102 287 12716 SH SOLE 0 0 Coca Cola Compsny COM 191216100 263 5295 SH SOLE 0 0 Cohen & Steers Select Fd COM 19248A109 201 12623 SH SOLE 0 0 Comcast Corp COM 20030N408 228 11900 SH SOLE 0 0 Compumed Inc New COM 204914402 339 1209000 SH SOLE 946000 0 0 Corning Inc COM 219350105 263 16805 SH SOLE 0 0 Corts Tr IV IBM COM 22082G208 287 11600 SH SOLE 0 0 Crossroads Systems Inc COM 22765D100 646 1291000 SH SOLE 971000 0 0 Disaboom Inc COM 25459T109 66 264355 SH SOLE 259355 0 0 Disney Walt Hldg Co COM 254687106 224 7300 SH SOLE 0 0 Du Pont E I De Nemour&Co COM 263534109 874 22051 SH SOLE 0 0 Duke Energy Corporation COM 26441C105 805 46578 SH SOLE 0 0 EMC Corp COM 268648102 144 12057 SH SOLE 0 0 Endeavour International COM 29259G101 71 53500 SH SOLE 50000 0 0 Exxon Mobil Corporation COM 30231G102 915 11786 SH SOLE 400 0 0 G S E Systems Inc COM 36227K106 4369 665875 SH SOLE 2225 0 0 General Electric Company COM 369604103 1639 65328 SH SOLE 875 0 0 Genvec, Inc. COM 37246C107 993 879400 SH SOLE 56000 0 0 Golden Odyssey Mining COM 38113R104 65 1725000 SH SOLE 1725000 0 0 Great Lakes Dredge Corp COM 36238T104 110 17500 SH SOLE 0 0 GTC Biotherapeutics Inc COM 36238T104 179 484010 SH SOLE 7500 0 0 Icx Technologies Inc COM 44934T105 308 40000 SH SOLE 0 0 Intel Corp COM 458140100 1283 68508 SH SOLE 500 0 0 Intermap Tech Corp COM 458977204 2156 931900 SH SOLE 0 0 Intl Business Machines COM 459200101 677 6194 SH SOLE 0 0 Johnson & Johnson COM 478160104 848 12293 SH SOLE 0 0 Lapolla Industries Inc COM 516648102 218 483700 SH SOLE 483700 0 0 Liberty All Star Eq Fd SH BEN 530158104 219 48500 SH SOLE 0 0 Lpath Inc COM 548910108 1264 1208700 SH SOLE 176850 0 0 Manitex International COM 563420108 1424 418800 SH SOLE 0 0 Merck & Co Inc COM 589331107 827 26208 SH SOLE 800 0 0 Micromem Tech Inc COM 59509P106 62 51500 SH SOLE 10000 0 0 Microsoft Corp COM 594918104 570 21373 SH SOLE 0 0 N G P Capital Resources COM 62912R107 170 11700 SH SOLE 0 0 Nanologix Inc COM 630076107 257 3845000 SH SOLE 3445000 0 0 New Horizons Worldwide COM 645526104 373 250000 SH SOLE 250000 0 0 P H C Inc Mass Cl A CLS A 693315103 4287 1877180 SH SOLE 131350 0 0 Pfizer Incorporated COM 717081103 610 33057 SH SOLE 1000 0 0 Philip Morris Int'l COM 718172109 248 5025 SH SOLE 0 0 Procera Networks Inc COM 74269U104 21 25000 SH SOLE 7500 0 0 Procter & Gamble Co COM 742718109 1458 21127 SH SOLE 400 0 0 Provident Energy Trust COM 74386k104 119 15000 SH SOLE 0 0 Puget Energy Inc COM 745310102 230 8600 SH SOLE 0 0 Qualcomm Inc COM 747525103 285 6628 SH SOLE 0 0 Ramtron Intl Corp COM 751907304 1294 470704 SH SOLE 0 0 Renegy Holdings Inc COM 75845J109 77 20758 SH SOLE 750 0 0 Resverlogix Corp COM 76128M108 68 10000 SH SOLE 10000 0 0 Rowe T Price Group COM 74144T108 580 31152 SH SOLE 0 0 Southern Union Co com 844030601 201 9150 SH SOLE 0 0 Southwest Water Company COM 845331107 494 44822 SH SOLE 0 0 Stockeryale Inc New COM 86126T203 1083 2466586 SH SOLE 44200 0 0 Supportsoft Inc COM 868587106 1332 471750 SH SOLE 0 0 Telanetix Inc. COM 879180107 122 794800 SH SOLE 32000 0 0 TeleCommunication Sys. COM 87929J103 16969 2579498 SH SOLE 218800 0 0 Templeton Global Incm Fd COM 880198106 625 80550 SH SOLE 0 0 Tesoro Corp COM 881609101 206 12500 SH SOLE 1000 0 0 Titanium Metals Corp COM 888339207 113 10000 SH SOLE 1000 0 0 U C N Inc COM 902636109 2474 2017521 SH SOLE 5000 0 0 U.S. Bancorp COM 902973304 910 25576 SH SOLE 800 0 0 Umpqua Holdings Corp COM 904214103 252 17100 SH SOLE 0 0 Varian Medical Systems COM 92220P105 249 4358 SH SOLE 0 0 Verizon Communications COM 92343V104 270 8411 SH SOLE 0 0 Versar COM 925297103 3255 830839 SH SOLE 0 0 Vical, Inc. COM 925602104 1343 659250 SH SOLE 6000 0 0 Wells Fargo & Co New COM 949746101 207 5512 SH SOLE 0 0 Wells Fargo Cap Tr COM 94976Y207 218 9900 SH SOLE 0 0 White Mountain Titanium COM 864109102 688 980600 SH SOLE 638100 0 0
-----END PRIVACY-ENHANCED MESSAGE-----