American Telephone & Telegraph Co. said Chairman...

American Telephone & Telegraph Co. said Chairman Robert Allen did not intend to make a specific forecast of 15% growth for 1988 earnings when he addressed a news conference at the company’s annual meeting in April. At that time, Allen told reporters he expected that the New York-based telecommunications and computer firm could match during the rest of the year the 15% growth in per-share income that it reported in the first quarter of 1988. But Vice Chairman Morris Tanenbaum told reporters at a briefing that Allen “did not intend to project any specific growth rate.”