HEY FOR THOSE STUDENTS WHO ARE NEW TO PROGRAMING LANGUAGES....
SPECIALY WHO GETS TROUBLE WITH COBOL(like me)
YOU CAN GET VERY USEFULL STUFF FROM THESE SITES!!!!(as i did )
well COBOL has no future coz all most companies use programing languages other than COBOL....
but in many courses it is a part of syllabus...
so have to learn it unwillingly...
and also it is a basic language which is usefull to learn other new generation languages...
While technologies like .NET and Java continue to steal headlines, COBOL continues to be the backbone of mission-critical applications.
70 percent of the world's active business applications are written in COBOL code, growing at a rate of some 5 billion lines per year. In light of this, and considering the need for programmers to maintain post-Y2K COBOL code, a definite need for COBOL applications remains.
Ya, Its rarely used in the market. But you know that now a days if you have something diffrent from other peoples then your future will good. So, knowledge of cobol has very less people. So, its demand in not high but its monopoly is more for persons.