Phoenix with PreparedStatement

[Sumit Nigam]

Hello,

I am using Phoenix 4.5 with Hbase 0.98.1. 
PreparedStatement is preferred in case of say Oracle, etc. to help with 
effective use of query plans (with bind params). Does it also have same 
guarantees with Phoenix or does the Phoenix query engine treat both Statement 
and Prepared statement equally and I can use any of these with similar 
performance characteristics?
Thanks,Sumit