The plane problem of a single crack in a periodically layered bimaterial co
mposite is considered. For the case of a long crack loaded by opening norma
l tractions, the universal relation obtained between the Mode I and Mode II
stress intensity factors show that the most dangerous crack location lies
in the midplane of the layer. This crack location of the Mode I finite leng
th crack is examined in detail. A closed form expression of the Green's fun
ction for a single dislocation is derived and the problem is reduced to a s
ingular integral equation of the first kind. The study of the dependence of
the normalized stress intensity factor upon the crack length reveals a wav
y nonmonotonic behavior. A simple analytic formula for the limiting case of
a semi-infinite crack is derived. It is found to be valid for a broad rang
e of parameters.