They need a core competency and being a portal is just not worth anything (to me). They abandoned anything like search - a pointless skin on top of Bing is not

They need a core competency and being a portal is just not worth anything (to me). They abandoned anything like search - a pointless skin on top of Bing is not a product of any value. How many of their users just go to Google? They seem to have no compelling value add over Gmail / HotMail in the webmail space. They seem to have mismanaged Flickr into second place behind Facebook as a webstore & sharing entity for photos (in my opinion). Yahoo messenger doesn't seem to be gaining on or offer anything over FB chat, Gtalk, MSN et al. So yes like Apple in the 90s, they have lots of stuff some of it cool but too weak focus and no market leadership in anything. Unlike Apple they don't have a Steve Jobs and a big pile of cool technology and talent like NeXT to buy and absorb. Indeed when they do buy in cool product & talent they seem to mismanage it to death eg Flickr and Delicio.us A very good question - what should they do?