I imagine one could use Micro Focus COBOL and its JVM support.  I suppose 
mainframe file I/O might be a problem, though.

There's also this: http://www.veryant.com/products/iscobol/cobol-compiler.php.

There was also one called PERCobol from "LegacyJ", but I can't find their 
website, so it may have gone the way of the dodo.

I've not tried any of them.




>________________________________
> From: Tony Harminc <[email protected]>
>To: [email protected] 
>Sent: Wednesday, January 22, 2014 1:14 PM
>Subject: Re: Resistance to Java.
> 
>
>On 22 January 2014 08:36, John McKown <[email protected]> wrote:
>> Now wouldn't that be a kick? An Enterprise COBOL compatible compiler which 
>> produced Java byte code. That
>> would likely sell a lot of zAAPs.
>
>Don't think it hasn't been seriously considered by more than one
>party... But as with any number of other such approaches, it would be
>limited by its own success. If it managed to displace any significant
>amount of IBM revenue by shifting "legacy" workloads to cheaper
>processors, IBM would put a stop to it, either technically or by new
>Ts & Cs of some sort.
>
>Tony H.
>
>
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