someone attempts to type 'lol'
And suffers from FFS (Fat Finger syndrome in ths case)
That person is then mocked, but it catches on, and becomes synonymous with them on that forum/discussion board.
an example smiley..
-cat- Hahaha! you said lool!
-bob- I pwn LOOL!
boy 2) lol (laughing out loud). you can always use a public payphone.
boy 1) um. hell no. as if they still work. IMHO they are so bloody lool and belong in a museum. If you'd be so kind as to agree, I can always borrow your cell phone to call my parents.