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What you say is correct, and would be a problem if the module was used on its own without being connected to some device such as a microprocessor which was controlling the comms line.Connecting DE to pullup causes the output driver enable. But this risks conflicts with the bus when other connected bus devices also have their output enabled.
Should DE not be connected with pull down (10k to ground)?
IMO that would have been a better arrangement. With DE pulled down R5 and R6 would establish a default state.Should DE not be connected with pull down (10k to ground)?