> They need someone to write a Cobol to (insert language) compiler. That can be very difficult, depending on the target language and the Cobol. More important

> They need someone to write a Cobol to (insert language) compiler. That can be very difficult, depending on the target language and the Cobol. More important, the output of said compiler may not be any more maintainable than the Cobol. (Even an accurate translation of assembly language to C can reduce maintainability.)