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Linux insider has a 2 part article on the future of COBOL:

Quote:The acronym COBOL has its share of humorous expansions -- "completely obsolete, burdensome old language" is one -- but if you think it's dying, take another look. A Gartner study found COBOL in about 75 percent of enterprise business processes, acting as the solid, transaction-focused foundation for the world's core business processes...

part 1: http://www.linuxinsider.com/story/55216.html

Quote:For working developers, there is no good reason not to have COBOL skills on their resumes, since COBOL is quite easy to learn. Some complain about its wordiness -- the trade-off for its English-language clarity and ease of maintenance -- but adept coders in any language use editing macros for a reason. Why should COBOL be different?...

full article: http://www.linuxinsider.com/story/55346.html

OY!  Now there's an acronym I didn't expect to be reading about...

Brings back not so vivid memories of my computer/math professoer and his slide rule.