Creator Heywood Gould is marking the 20th anniversary of the film's release by turning his script into a New York stage show.
He has recruited Chicago producer Martin Richards to help write the music, and he has hinted he wants Cruise's wife Katie Holmes to reprise Elizabeth Shue's big screen role onstage.
Gould tells the New York Post, "I am writing it as we speak. Marty Richards is on board and he's working on the score.
"It's far too early to talk about casting. We haven't approached anybody yet, but yes I like Katie Holmes."
Former journalist and bartender Heywood Gould will be guest of honour on Thursday (22Oct09) at a celebration of the movie at the Penn Station TGI Friday restaurant, where much of the picture was shot.
He'll be accompanied by America's top Tom Cruise look-a-likes and guests will be able to enjoy cocktail shaking and bottle spinning demonstrations.
As well as writing the role that helped Cruise become a Hollywood superstar, Gould also penned the screenplays for movies The Boys from Brazil and Rolling Thunder.