Most Year 2000 alarmists insist that if your conversion effort is not well under way by now, you’ve missed the boat and your company will be out of business by the end of January 2000. So Palo Alto-based Reasoning Inc has just come out with Reasoning/2000, calling it a highly automated second-generation software tool for MVS Cobol environments that must be analyzed and remediated for year 2000 compliance. The company, which has had as long as anyone else to get ready for the problem, should have been two or three years ahead of its customers, still isn’t ready with the thing. It says the first version addresses only applications written in Cobol, JCL and IMS for IBM Corp’s MVS, and that versions slated for DB2 and CICS applications won’t be ready until later this year. Reasoning doesn’t even have a date for a version to fix Cobol and other languages on other vendors’ mainframe systems.