PowerPoint is a marvellous invention. But it's just another aid, another tool... a very trendy blackboard.
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PowerPoint is a phenomenally powerful tool. But like all tools, it can be dangerous in untrained hands. Learn how to use it well and it will enhance your presentation and make you look good.
PowerPoint is simple to use, but like anything else, unless you are confident of your ability to handle whatever comes up, it can be quite daunting.