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Effects > Plug-In Effects > Eye Candy 3 > Glass > these settings:

Width  11
Shape  Mesa
Spacing  23
Thickness  59
Opacity  100
Refraction  46
Color  White
Brightness  75
Sharpness  47
Direction  127
Inclination  39


(Click for larger view.)

Apply the Glass a second time.

Leave selected.

Add a new layer.

Effects > 3D Effects > Drop Shadow > these settings:

Vertical  1
Horizontal  1
Opacity  100
Blur  0
Color  Black


(Click for larger view.)

Add a new layer.

Effects > 3D Effects > Drop Shadow > these settings:

Vertical  -1
Horizontal  -1
Opacity  100
Blur  0
Color  White


(Click for larger view.)

Selections > Select none.

Play with the opacity of your shadow layers.

Add a new layer.

Drag this layer to the bottom of your Layer Palette.

Flood fill with white.

On your original layer, adjust the opacity to 85%.

Layers > Merge > Merge visible.

Frame to your liking.

Last page for the finished graphic and other examples.