In the OP the calculation used to compute amps, i.e. 14000/208/1.732 = 388A is correct ONLY for a completely balanced three phase system/panel.
VA = VLL*I*cos(ang)
To demonstrate the validity of the formula, you can seen by this calculation in the OP, that a breaker sized accordingly would not be sufficient for Phase A, as the connected load could exceed its capability, assuming this was the only load, and no spare capacity is planned.
What consistently gets forgotten or is not understood, is that when switching from line-line voltage to line-neutral voltage and taking multiphase loads and splitting them between phases, is that there is more at stake then simply the square root of three for voltage, i.e.:
Vab = sqrt3* Van
This is because the line current will either lead by 30 or lag by 30 degrees the phase voltage depending on which phase your looking at. For a load connected across ab phases the individual phase "a" power is determined by:
Pa = Va*Ia*cos(ang - 30deg)
Qa = Va*Ia*sin(ang -30deg)
If the power factor is 0, then the formula reduces to:
Pa = Va*Ia*cos(-30deg); where the cos(-30) = 0.866
The load on Phase B is:
Pb = Vb*Ib*cos(30deg); where the cos(30) = 0.866
Two things can be realized by this formula. The first is that the total load can be divided in half and placed on each phase (as posted earlier). The second is that when solving for the load current it is determined by algebra and solving for "I" which results in the same current as determined by:
Pload = VLL*I*cos(ang)
BTW: some people may have run across a "fudge factor" or "Oregon Factor" as being 1.155 that is used when calculating the load current from the phase load. It's not really a fudge factor, it's simply the inverted value of the cos(30deg) = 0.866. When you solve for "I" from the above formula, the 0.866 ends up in the denominator, and 1/0.866 = 1.155.
IMO the only way to determine breaker/panel sizing is to take the largest phase VA, multiply by 3, then solve for current using the balanced formula, this will guarantee the service/breaker/panel can handle the total load without overloading an individual phase, plus you will have some spare capacity.