Not being total idiots (despite evidence to the contrary, sometimes), the suits over at Paramount have decided that Yes, they want a sequel to the monster hit “Cloverfield”, and Variety reports that they’re currently in negotiations with the film’s director, Matt Reeves, to do another one as soon as possible. This is good news for Reeves, who is suddenly on the hot list, with the “Cloverfield” sequel on the horizon and a deal to direct “The Invisible Woman” already done.

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Timing of the projects will depend on how quickly Paramount can complete discussions with Reeves, producer J.J. Abrams and scribe Drew Goddard to scare up another monster tale for the “Cloverfield” sequel. There’s a good chance the sequel will be Reeves’ next film, in which case he will direct “The Invisible Woman” afterward.

“Woman” is a Hitchcock-style thriller that probes the mind of a former beauty queen who turns to a life of crime to protect her family.

Reeves wrote the script and will produce with Abrams and GreeneStreet’s John Penotti, Fisher Stevens and Tim Williams.

“Cloverfield” cost the studio $25 million to make and took in $46 million in its opening weekend. The film has already tallied $64 million in two weeks of release.