The "purple texture glitch"

I've been having alot of problems lately with after playing for a little while alot of textures start turning purple. What I have gathered reading a couple forums is that this problem is caused by the game running out of memory, which would make sense. I have a ****load of mods installed. I was wondering if short of deleting some of my bigger mods/turning down settings/etc there was a way of fixing this? One of the old forums i read said that this could fix it, but the file has since been hidden.

http://www.skyrimnexus.com/downloads/file.php?id=1013

Im also not much of an expert when it comes to computers/modding so forgive me if i come off a bit noobish.

You're running out of VRAM (video memory) not RAM. Use lower resolution texture mods and use less graphical enhancements.

okay that would make sense since i just downloaded a massive texture pack. ill delete it. thank you

well your computer stats would be helpful in determining what the actual cause is.

You can use SMCO (http://skyrim.nexusmods.com/mods/13529/?) or Optimizer Textures (http://skyrim.nexusmods.com/mods/12801/?) to compress your texture files, whether they're high res or low res. That should help no matter what.