[posterboy]

I think in the old days, before CMOS, this was called open-collector. I had learned about it in first semester digital logic not too long ago playing with the "high speed" 7400 series. If I remember correctly, the latch needs to support the open collector capability, but the reason escapes me.

[dbcurtis]

Open collector if you have a bipolar technology. Modern microcontrollers are CMOS, so the pull-down transistor has a drain, not a collector. TTL is bipolar, so the transistor has a collector.