Ja, das kann das OED:
"The evidence of rhymes in Middle English poetry shows that the spelling lo or loo represents two distinct words. (1) Middle English lǭ < Old English lá , an exclamation indicating surprise, grief, or joy, and also used (like O!) with vocatives. (2) Middle English lo with close ō , probably a shortened form of lōke (Old English lóca), imperative of look v.; compare Middle English and modern dialect ta for take, ma for make, also the modern dialect loo' thee = ‘look you’. The los of the Cursor Mundi, used in addressing a multitude, seems to be imperative plural. The peculiar early Middle English forms lou, low(e may stand for lo we = ‘look we’. The present pronunciation /ləʊ/ would normally represent Old English lá, but it may be a mere interpretation of the spelling, as the modern lo corresponds functionally to the second of the two words, which should normally have become *loo /luː/ in modern English."