BTW: If you ever see someone TYPING AN ENTIRE SENTENCE IN ALL CAPITAL LETTERS that means SHOUTING!
It is not proper netiquette to TYPE IN ALL CAPS (even in email), in fact, it's annoying.
Online enthusiasts are learning that shorthand are in fact called acronyms, but this is incorrect.
The difference between acronyms and shorthand is that with acronyms, (for example, 'ESP' is an initialism for 'extra sensory perception' whereas 'esp. The online practice is to refer to shorthand, initialisms, or abbreviations as acronyms.
Net Lingo is also tracking a global list of worldwide text terms and international online jargon!
Internet acronyms, text message jargon, abbreviations, initialisms, cyberslang, leetspeak, SMS code, textese With hundreds of millions of people texting regularly, it's no wonder you've seen this cryptic looking code!
Commonly used wherever people get online -- including IMing, SMSing, cell phones, Blackberries, PDAs, Web sites, games, newsgroup postings, in chat rooms, on blogs, or on social media -- these abbreviations are used by people around the world to communicate with each other.