HXM should post EPS of $3+ in 2012 and $3.50 is certainly possible. Cash flow is a small problem and hopefully it won't become more serious. The issues in Brazil are supposed to improve, but who knows ?
Today's selloff may reflect the Q4 disappointment and skepticism about 2012. Those prison margins seem very high and it came up in the Q&A and management stuck with their guidance. Hopefully they'll deliver !