It was a camp type song for us where you made up verses about people's names:

I know a girl her name is Judy
Hey lolly, lolly, lo
She sure knows how to shake her booty
Hey lolly, lolly lo

chorus:
Hey lolly, lolly, lolly
Hey lolly, lolly, lo
Hey lolly, lolly, lolly
Hey lolly, lolly, lo

I was just sharing it with my kids the other night at dinner.

enjoy!
judy