Re: Managed COBOL?
You can't really have truly "native" COBOL unless the hardware has support for packed decimal arithmetic: the two are inextricably entwined.
This is utter nonsense. It's like claiming C is a "managed" language unless fdiv is implemented by hardware.
Native COBOL is compiled to, and runs as, native code. The compiler generates native op codes. The code uses native addresses (and COBOL does have a pointer type). The generated program uses the native ABI.