How to create HTML grid output using XSLT?

I have a simple XML file with a variable number of nodes. I want to display an html table with 3 nodes per row. So a file with 5 nodes in it would generate an html output like:

<tr><td>node 1</td><td>node 2</td><td>node 3</td></tr>
<tr><td>node 4</td><td>node 4</td></tr>

Each node would be formatted as a table imbedded within the TD tag. For arguments sake, let's assume the XML file is a set of users. Each user has a <fname>, <lname> and a an <address>.

<users>
<user>
<fname>Joe</fname>
<lname>Smith</lname>
<address>100 Main Street</address>
</user>
...
</users>

Can this be done using XSLT?