One place is http://www.zamzar.com you can convert YT into many
formats, for PPT I would suggest .avi or .wmv

>From M$ 2003 PPT Help:

"On the Insert menu, point to Movies and Sounds, click Movie from File,
locate the folder that contains the file you want, and then
double-click the file. 

Note  A movie or .gif file that you've added to Clip Organizer (Clip
Organizer: Microsoft Office program that contains drawings,
photographs, sounds, videos, and other media files that you can insert
and use in presentations, publications, and other Office documents.)
is found in the Clip Organizer folder within the My Pictures folder on
your hard disk. Or, go to the original location for these files.

When a message is displayed, do one of the following: 
To play the movie or GIF automatically when you go to the slide, click
Automatically. 

To play the movie or GIF only when you click it, click When Clicked. 
Note  If you try to insert a movie and you get a message saying that
Microsoft PowerPoint can't insert the file, try inserting the movie to
play in Windows Media Player."

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