Nearly 40 years later, St. Elmo’s Fire is continuing to burn bright for its stars. After first teasing a sequel in July, Rob Lowe recently gave an update that the followup to the 1985 coming-of-age film is “moving along” as he and co-star Demi Moore are in contact about the film.

Lowe and Moore, who were both famously considered part of the “ Brat Pack ” of young Hollywood stars in the ’80s, also costarred in 1985’s St. Elmo’s Fire. During their conversation about the film, Ripa, 54, once again brought up Moore, 61.