Prior to PowerPoint
97, there was no internal file compression code inside of PowerPoint,
and files could get pretty big quickly. The most common cause of large
files is the addition of large bitmaps. PowerPoint 97 compresses these
bitmaps, but previous versions do not.
To keep your
presentations as small as you can, try reducing the resolution of your
bitmaps, which will bring their size down tremendously. For viewing on
screen, the bitmaps don't need to be more than 96 dpi; they won't print
nicely until they're up around 150 or higher, but the screen always
displays at 96 dpi, so if the primary viewing medium is the screen,
there's no point in having the bitmaps be a higher resolution.
Also, the bitmap
format can make a big difference to your file sizes. JPEG and PNG both
have good internal compression code. GIF has some, but not as good as
JPEG. BMP files are the largest; TIFF files will also be very large.
Sometimes,
as you're working on a presentation, you'll notice that the file seems
to get bigger for no reason. To get rid of this "bloating", save the
file using "File/Save As" and give the file a new name. This can reduce
the file size up to 50%.