This song, is actually about three boys who get trapped in a mine together. They have water enough for two (hense the lyrics) but when one says he would sell his soul for 'just a piece of meat' they actually eat Timothy. Any of you who heard that Timothy was a Donkey, Well, that's not true. Radio stations began that rumor to try to stop kids from listening to it because it became so popular. Timothy was a boy. Kinda gives new meaning to the song doesn't it. You can verify this online in an interview with Rupert Holmes, the man who wrote the song. Also, you can find the lyrics online at just about any good guitar tab site. Creepy lyrics in a great song.