The Five Dumbest Things on Wall Street This Week

1. How Do You Spell 'Stupid?' V-O-N-A-G-E

Vonage (VG Quote) is getting one ringing endorsement after another.

Shares in the Internet-phone-service provider have dropped 42% since their May 24 initial public offering amid customer complaints and investor apathy. In response, the Holmdel, N.J., company is turning on the public relations charm.

"Vonage Named Best VoIP Service of 2006 by PC World," reads the headline on one recent press statement. "Vonage Receives Effie for Advertising Effectiveness," says another. ...