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The wire can be replaced - Ive done it before and will try to give instructions from memory.
I used wire with oil resistant insulation. Start by taking the passenger side center console kick panel off then peel back the carpeting from under the center console, the wire comes from the OD relay above and runs under the carpet into the shifter box. Take the cover off the shifter box too - if I remember correct the shifter cover on a 93 is split so that it can be removed completely without taking the shifter knob off - but if not just move the cover up and out of the way.
The wire goes down into the shifter box and then out through a rubber plug in the front of the shifter box. I'd cut the old wire at the base of the center console and solder the new wire to the old wire - then carefully guide and pull the new wire through without removing the rubber plug - if you take the rubber plug out it is almost impossible to get access to get it back in with the transmission and the shifter in place - and if you dont replace the plug you'll get oil and other road grime in the shifter box. After it exits the shifter box, I seem to remember the wire taking a looped route to a connector and then to the OD solenoid. Once the new wire is pulled through and connected under the car, you can trim the top end to the correct length and solder it to the wire coming from the OD relay.
Replacing the wire solved the problem on my car. But I do have a new OD solenoid (still in the box) that I never used. If your solenoid turns out to be bad too let me know and I'll make you a good deal on it!
Jim
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