What website are you downloading from, and what is your Internet connection and browser and firewall?
Yes. Independent of browser, I have seen it take about 4 to 5 hours to download Premiere Elements (any version) tryout installation files from the Adobe web site to my Windows 64 bit computers. I have one of the lower end DSL Internet connections (1184 Kbits/sec x 448 Kbits/sec).
Because of the Adobe Application Manager's or the Akamai NetSession's involvement in the process, it often becomes necessary to do the download and install with the antivirus and firewall turned Off.
Please supply us with more details of your particular situation.