Yes you probably are beat. Raising this flop is correct. The only thing calling would do is give a smaller PP a chance to boat up before you knew where you stood. To the poster who feels this is a WA/WB situation (which of course it is) and wants to call to keep the pot small: how much are you willing to call on the turn and river? Presumably less than the $2 it costs to find out where you stand on the flop. Good chance it will cost you more than $2 to attempt to call down here and you will never know where you stand.