yup you can achieve something like that pretty easily, if you know OpenGL.
Have a look at the TWL GUI Library
http://twl.l33tlabs.org/ for an example of a solid gui using LWJGL.
The getting started section on the
wiki is generally a good place to start and the single class demo's on the
demo page. The rest is just pretty much plain OpenGL where you can use any OpenGL tutorial on the web.