The One With The Worst Best Man Ever - S4-E22
Revealing mistake: In the scene when they confront the stripper at Chandler's office. Ross starts shouting about his grandmother's ring, and as Chandler says "way to be cool, man", you can see Joey ducking behind Ross, covering his mouth with laughter. A brief cut away, then back and he's standing with the others again looking serious. Widescreen version only.
Answer: Usually by the seventh night of Hanukkah you don't know what to get the other person, and you will probably resort to getting the other person something insignificant. Chandler is basically saying that the pen is a stupid gift.