They've been talking about doing a Beverly Hills Cop 4 back when Beverly Hills Cop 2 was released but after the "bomb" of 3 the studios have backed away from it even though Eddie has always wanted to which finally led him to make Metro back in '97 (which i thought was great)
Ever since then they've been talking and talking...lots more talk lately but i'll believe it when I see it in theatres
I can't wait, hopefully they don't go with the original, new, idea of Axel Foleys son being a cop too and it's a passing of the torch film -_-