Other savvy analysts, such as the Times's Nate Cohn, have put forward a similar argument.
Bank analysts such as Tom Brown of bankstocks.com, a research firm, agree.
Analysts such as Jay Ferron at PricewaterhouseCoopers worry that some factories, once closed, may never reopen.
Analysts such as Ian Gordon at Exane BNP Paribas expect a figure of around £1bn.
Other, more phlegmatic, analysts such as Caceres think it could take a decade at least.
But some Tokyo-based analysts, such as Jardine Fleming's Masami Fujino, wonder how much substance lies behind the hype.
Some analysts, such as Morgan Stanley's Asian economist, Andy Xie, are sanguine, since China's "national" balance sheet looks solvent.
Should analysts such as yourself have issued earlier and clearer warnings about the state of the economy?
Other analysts, such as those at McKinsey & Company, reckoned the company's per-customer value to be around $30.
A number of technology analysts, such as Gretchen Teagarden of Salomon Smith Barney, an investment bank, have detected a "renewed interest in centralised computing".
A year hence, say analysts such as Steve Usher of Jardine Fleming Securities in Tokyo, operating profits should reach around ¥100 billion-130 billion.
