RAW image support has only been added in the latest or last couple of releases of photoshop, what version do you have? It was only added in the CS2 release...and there seem to be many raw sub-formats, photoshop doesn't seem to support them all.
I have CS3 here and the file open dialog shows the camera raw option...3rd one in the list and lists a long range of file extensions that apply to it.
Haven't actually used it myself either but that's what Phtoshop is showing me.
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