translate quot to apos

Hi all, 

Is it possible, using the text output method, to translate all double-quote
characters in a string to single-quote characters? 

The following does not work, XT complains about a missing quote in the line
containing the translate function. 

<?xml version="1.0"?>
<xsl:stylesheet version="1.0" 
xmlns:xsl="http://www.w3.org/1999/XSL/Transform">

<xsl:output method="text"/>

<xsl:template match="/">
   <xsl:value-of select="translate(Tag1, '&quot;', '&apos;')"/>
</xsl:template>
</xsl:stylesheet>

Linda


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