What could be the problem in initializing text tool?

Hi! I just bought Adobe CS5 Design Standard and installed it on my OS X 10.7.
I installed it and used Illustrator and Photoshop and everything was OK.
The next time I started the computer, the program wouldn’t initialize the font menu, getting stuck at 90%; I only have 264 fonts on the computer.
Suggestion for this matter is very much appreciated?
