A schematic model of multipole giant resonances is considered which treats
the external interaction of the resonance states via common decay channels
on the same footing as the internal residual interaction. At high excitatio
n energy, the cross-section pattern is governed by the phenomenon of resona
nce trapping, i.e. by the formation of different time scales. The interplay
of internal and external collectivity influences significantly the distrib
ution of the dipole strengths over the single states as well as their width
s and positions in energy. A realistic calculation is performed for Pb-208.
The strength function of the 4 (h) over bar w isoscalar monopole giant res
onance is obtained in the framework of the random phase approximation in th
e continuum. The one-particle continuum is shown to play an important role
in the formation of the structure of the strength function. Some narrow res
onances appear due to resonance trapping.