Is your name ooOOo? Because my name is lalala.
oOO laLA!
Is your name ooOOo? Because my name is lalala.
oOO laLA!
Listen here, dummy! The joke is a pick-up line where someone asks if your name is "ooOOo" so they can reply with "lalala" creating the phrase "oOO laLA" which sounds like "ooh la la" which is something people say when something is fancy!