Powerpoint

OK, shock is fading, normal brain functions kick in. You take a breath and keep your cool while your mind races ahead... You need time to think, but have none, therefore you must make some.
So you grab your chin, frown, look down at the printed copy of the presentation as if you were reading something and you say, very apologetically, "I'm sorry, I should've asked this before, but there is something I am not really clear about... do you mind if I ask you an unrelated question?" This has the effect of shifting the spotlight to the inquirer -he or she has to go into input mode. The rest of the participants who a second ago were thinking you were distracted and were anticipating some mild but God-sent comic relief at your expense, now have to pay attention in case your question has something to do with them -all prospects of amusement forgotten.
The trick, as you know from using this same technique in a number of occasions since your high-school days, is to find something you do remember that can credibly be seen as ambiguous, and ask for clarification. Now while they answer your question, you have plenty of time to figure out the missing slides -by the time they finish their answer, you are all set. "Great, thanks, that makes sense now", you say with your best smile. More often than not, the inquirer has forgotten they had a question for you, but if they do, all you have to do is apologize and have them repeat the question, which by now no one else remembers either.
As you take a last sip of your now cold venti mocha, you sadly come to the realization that a mature, confident adult would have simply smiled and said: "I'm sorry but I totally spaced-out there, can you repeat the question while I look at my copy?"
Comments
What you wrote made me laugh heartily, and I can totally relate to it. I am going to try your new approach of admitting that you were sleeping!