dlloyd:
So you tried this?
I tried this and it worked.... I have spent so many hours trying to "debug" this and actually ended up using a logic level shifter (4 input) for an earlier project.
This worked right out of the bat for me. I had earlier tired OE floating, OE pull up, OE pull down.... Just had never though of connecting OE both to 3.3V as well as GND (Via resistor).
PS: I am not using an arduino, it is being driven off an ESP8266, if that matters.